The Hugging Face CEO is making a case for open-weight AI models — with a warning for the US. Clément Delangue said on CNBC’s “Squawk on the Street” show on Monday that China is winning the AI race because the country is “more open science and open models than the US.” “I think they are,”
The Trump administration is expanding its technology crackdown on China. The Federal Communications Commission on Tuesday announced new restrictions targeting imports of advanced Chinese robots and power inverters, as part of a broader push to secure the domestic AI supply chain. According to the FCC, the measure would ban imports of new Chinese-made humanoid and
Europe’s most valuable company faces a new threat after China reportedly took a step to match its unique technology that is crucial to the global chip market. Shares of ASML, the only company on the planet capable of mass producing the extreme ultraviolet lithography machines used to build next-generation chips, fell more than 5% in
Kevin O’Leary says fear of China’s rise will be one of the biggest forces uniting the United States, Canada and Mexico. In an interview clip he posted to his X and Instagram, the Canadian venture capitalist and “Shark Tank” investor said there’s only one thing that would drive economic integration in North America: fear of
China’s Kimi K3 has become the latest AI sensation, generating so much interest that developer Moonshot AI temporarily suspended new subscriptions just days after launch. “K3 represented another example where the ability of China’s leading AI labs to keep pace with the US frontier has surprised global investors,” Bernstein analysts led by Robin Zhu wrote
Every once in a while, a Chinese company releases a new AI model and Americans freak out. That’s what happened last week when China’s Moonshot AI unveiled the Kimi K3, which surpassed a number of notable benchmarks. By most accounts, the Kimi K3 rivals some leading US models for a fraction of the cost. The