BUSINESSDECRYPT
Kimi K3 Just Triggered DeepSeek Flashbacks for the Stock Market
Moonshot AI's 2.8-trillion-parameter open-weight model caused chip stocks to decline and led to a downturn on Wall Street.
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Adjacent reporting
- China's Moonshot AI launched its largest model ever — and rival AI stocks plunged
- Moonshot’s Kimi K3 pushes Chinese AI into Fable-level territory
- Swings for AI stocks whipsaw markets worldwide, while oil prices keep climbing
- FirstFT: Wall Street banks shatter records on AI-stock trading frenzy
- Slumping AI stocks drag Wall Street lower, oil prices jump as US launches more airstrikes on Iran
- AI stocks keep falling, while oil prices keep climbing