MOONSHOT
How China gets the Nvidia chips it needs to develop AI
Nvidia's dominance in the global AI chip market has come under scrutiny as US export restrictions fail to fully prevent China from accessing advanced processors. Chinese firms are reportedly obtaining Nvidia chips through smuggling and overseas data centres, while domestic players such as Huawei race to develop competitive alternatives.
Moonshot AI rents Nvidia’s top AI chips in China, documents show
Documents indicate that Moonshot AI possibly accessed advanced Nvidia chips despite US export restrictions and related investigations. The servers were reportedly rented from Super Micro Computer Inc. with significant financial backing from Lingmeixin Technology Co.
Tencent rolls out AI model trained with limited cybersecurity data amid hacking fears
Tencent on Wednesday released Hy4, its new open-source model, that the company said was trained with limited cybersecurity data to "defensive" content to reduce the risks of the model's ability to aid cyberattacks.
China's 'Lipstick King' touts AI tokens in first for Singles' Day festival
The launch is the first time AI token packages have been offered as a significant consumer product category during Singles' Day, the world's largest shopping festival originally held on November 11 each year.
Binance hack raises crypto security fears: Why are Strategy and Bitmine still buying Bitcoin (BTC USD) and Ethereum (ETH USD)? What did Michael Saylor and Tom Lee say
Strategy purchased 811 BTC USD worth more than $65 million, its largest acquisition since late September, while Bitmine added $19 million in ETH USD. The buying came as the crypto industry faced renewed security concerns following the massive Binance hack, with Bitmine chairman Tom Lee arguing that the market’s relatively muted reaction was “very constructive.”
In 2007, Range Fuels broke ground on a Georgia plant designed to produce 100 million gallons of ethanol a year from wood waste; by 2011, it had closed without selling any
In Soperton, Georgia, a factory built to produce biofuels closed in 2011 without selling any product. Range Fuels was supported by $156 million in federal funding but failed due to inconsistent technology performance. The cellulosic ethanol mandate established in 2007 aimed to spur a new industry but resulted in shortfalls. Despite advancements in biofuel science, government investments must match realistic technological capabilities.
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AI-powered cyberattacks siphon ₹300 crore from small NBFCs in two months
Recent cyberattacks have inflicted an estimated loss of ₹300 crore on Indian NBFC, with around 150 fraud cases reported. Focus has shifted towards identifying Chinese hacking platforms and AI toolkit involvement in these incidents. Exploiting operational weaknesses, these cybercriminals persistently launch their attacks, leading to urgent calls for NBFCs to bolster their cybersecurity frameworks to fend off further threats and safeguard their operations.

China's new export curbs draw a line around its AI crown jewels
The draft rules, released on October 16, distinguish between foreign customers using Chinese AI services and foreign companies obtaining the models, data or expertise needed to operate or reproduce them independently.

DeepSeek, Moonshot used OpenAI's GPT-6 Astra to train latest models: report
Chinese AI developers DeepSeek and Moonshot AI relied heavily on outputs from OpenAI's powerful GPT-6 Astra model to train their latest models, The Information reported on Wednesday, citing people with direct knowledge of the matter.

Cognite reports $1 billion in verified AI value, confirming impact of industrial AI solutions
Driving approximately 36% of value verified to date, customers are leveraging AI and automated workflows to prevent costly asset shutdowns across complex industrial operations, help them get back running when the unexpected happens, and lower the costs of running their operations.

China's new export curbs draw a line around its AI crown jewels
The draft rules, released on October 16, distinguish between foreign customers using Chinese AI services and foreign companies obtaining the models, data or expertise needed to operate or reproduce them independently.

Anthropic's record IPO faces some big questions
No startup has ever grown so fast. Investors have already grown nervous.

Moonshot resets subscriber quotas after Kimi K3.1 Pro launch issues
Chinese artificial intelligence startup Moonshot AI apologised on Monday for rate limiting and unnecessary quota consumption after its Kimi K3.1 Pro launch.

Moonshot curbs hacking ability in new Kimi model as fears grow over AI-powered cyberattacks
Beijing-based Moonshot announced the curbs while introducing Kimi K3.1 Pro, which it describes as its most capable 3-trillion-parameter-class open-weight model. The company plans to publish the model's weights - files allowing outside developers to run and modify it on their own systems - by November 4.

China's Moonshot AI launches Kimi K3.1 Pro; plans full model weights release by November
Chinese artificial intelligence (AI) company Moonshot AI has unveiled Kimi K3.1 Pro, a 3-trillion-parameter open-weight AI model featuring a 1-million-token context window, alongside a high-speed variant, Kimi K3.1 Pro Highspeed, according to a company statement.

Nvidia acquired synthetic-data startup Gretel in 2025 for more than its $320 million valuation; who were its founders?
It was founded in 2019 by Alex Watson, John Myers and Ali Golshan. Gretel had raised more than $67 million in venture capital funding before the acquisition. The original idea behind the startup was to make it easier for developers to use data that companies could not freely share due to privacy concerns or compliance rules.

China's Moonshot AI to operate in Singapore, jobs post shows
Chinese AI startup Moonshot is expanding into Singapore, with a new sales role listed on the company's LinkedIn page this week.

Lab-grown diamond startup So/Facet raises Rs 10 crore led by Sauce
The round also saw participation from Mokobara cofounders Sangeet Agrawal and Navin Parwal, Chona Family Office (that’s behind Hocco Ice Creams), Haleon South Asia president Kedar Lele, and Moonshot co-founder Devaiah Bopanna.

DeepSeek pushes out updated AI model it says is faster, leaner
The firm unveiled the V4.1-Flash-1017 late Saturday afternoon with a series of posts on X saying the update had “stronger benchmark performance, faster task completion, and shorter outputs than the previous version.” The model is live across the web, on DeepSeek’s app and its platform for developers.

ET AI Explainer: Why are US AI labs wary of 'distillation attacks' from Chinese peers
Distillation as a technique in which a less capable AI model is trained on the outputs of a stronger one. The aim is to help the less capable models replicate some of the larger model’s capabilities at a lower cost.

‘AI agents will need solid data foundation to deliver results’
Fragmented data pipeline traps AI tools inside corporate silos, Databricks JAPAC head Simon Davies tells Tanya Pandey & Surabhi Agarwal. When moving from pilot to production, organisations realise that without a solid data foundation, it is hard to understand the real implications agentic capabilities will have on the organisation, Davies said.

Anthropic strengthens defences against distillation attacks against Claude, cuts data harvesting by upto 99%
Anthropic has introduced new security measures to prevent illegal model distillation attacks targeting its Claude models. The company reports a significant reduction in data harvested by unauthorized entities, with estimates ranging from 90 to 99 percent. These distillation attacks pose serious risks related to biosecurity, cybersecurity, and national security. Anthropic's approach includes restrictions on reasoning data and the use of advanced classifiers to block extraction attempts.

Moonshot execs in talks to settle dispute with shareholder ahead of planned IPO, people say
Moonshot, a Chinese AI startup, is currently in discussions with Recurrent.ai amidst a backdrop of legal challenges concerning alleged misconduct by their executives, CEO Yang Zhilin and CTO Zhang Yutao. Accusations include unauthorized actions and misrepresentations. As settlement negotiations proceed, unresolved issues may jeopardize Moonshot's anticipated Hong Kong IPO, with Recurrent.

China AI developers publish safety tests for just 3.6% of model releases, report finds
Only a fraction of the 857 AI models released by Chinese companies have undergone safety testing, with merely 3.6% revealing published evaluation results, according to SemiAnalysis. Amidst rising global concerns regarding the dangers of autonomous AI systems, China's current safety governance framework highlights various risks but fails to impose compulsory standards on developers. This contrasts sharply with US firms, which have provided more thorough safety reports for their AI products.

OpenAI says it disrupted large-scale effort to copy its AI model capabilities
The company said the activity was consistent with what it described as adversarial distillation, a practice involving the systematic and unauthorised use of one model's outputs or reasoning to help develop another model.

Leading Democrat asks AI firms for data on any Chinese access to sensitive code
OpenAI and Anthropic have reported multiple instances of Chinese AI firms like Moonshot or DeepSeek "distilling" their AI models, or training their own tools from the output of leading Western models. But there are few known cases of any bad actor stealing model weights, the exact parameters and code that make an AI model operate.

China's AI agents can lie and scheme - just like their US rivals
Reuters examined more than 200 documents, ranging from university research papers to technical reports, and identified at least 20 studies or evaluations since 2025 describing cases where agents displayed behaviour such as deception, replication and challenging boundaries that AI experts described as building blocks for a breakout and which could become harder for humans to control as systems advance.

Anthropic warns IPO investors AI could pose 'catastrophic' risks to humanity: Report
Anthropic has outlined significant risks associated with its advanced AI models in its IPO prospectus. It emphasizes the potential for AI technologies to cause irreversible harm if mismanaged and highlights self-preserving behaviors. The company admits that estimating returns on safety investments remains uncertain and resource-intensive. Anthropic also emphasizes a continuous cycle of AI model releases to maintain its competitive edge.
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