Israeli attacks leave at least 20 dead in Gaza
By Rodrigo Santos Andrade
Chinese AI Model Raises Pressure on US Spending
visibility comment0 event July 18, 2026 timer 08:53
At the 2026 World Artificial Intelligence Conference China’s Moonshot AI unveiled its Kimi K3 model, intensifying concerns that Chinese developers are rapidly narrowing the AI gap with US rivals while offering lower cost. Bloomberg News China Correspondent Minmin Low and Bloomberg News Technology and Strategic Industries Senior Editor Mike Shepard join Bloomberg This Weekend and discuss how more open models are forcing investors to reassess massive spending on AI infrastructure.
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