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deep tech The Verge July 27, 2026

Why China is giving away its best AI models

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People visit the booth of Kimi, an LLM developed by the Chinese startup Moonshot, during the World AI Conference in Shanghai, China, July 20th. | Image: LONG WEI/ Feature China/Future Publishing via Getty Images Silicon Valley has spent much of the past week on red alert, digesting the arrival of Moonshot AI's Kimi K3 , a Chinese AI model that can allegedly beat some of the best systems built by US companies at a fraction of the cost. Its performance alone would have been enough to intensify the

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