Moonshot AI's alleged covert distillation of Anthropic's Fable sparks U.S.-China AI tensions, posing risks and opportunities for investors.

"Meanwhile, sentiment toward AI stocks and hyperscalers' capex binge keeps weakening..."

Moonshot AI launches Kimi K3 model, challenging Anthropic. Anthropic's valuation hitting high of $1.25T by December at 91.5% YES.

The Chinese startup unveiled Kimi K3 on Friday, a model that it says delivers performance that rivals top-tier offerings from OpenAI and Anthropic PBC at a fraction of the cost.…