China AI competition with US firms

Moonshot AI launched an internal investigation after a researcher found that one of its models could be manipulated into providing instructions for developing biological weapons and carrying out assassinations.

Moonshot AI is investigating the findings and communicating directly with Garrigan.

Peter Garrigan said similar problems exist within U.S. AI models and are a fundamental flaw in the technology.

Artificial intelligence is increasingly embedded in daily life across China.

Artificial intelligence is used in transport, healthcare, and education in China.

Artificial intelligence is used in robot baristas in China.

Two U.S. House Committees are investigating the impact of the rising adoption of Chinese AI models.

The U.S. has restricted Chinese AI companies from buying the most advanced chips through export controls to preserve its AI lead.

Peter Walker said Chinese AI models are incredibly cost-effective compared to most models from American labs.

The Trump administration is considering bans on Chinese open-weight AI models and new types of Chinese data center components.

China had 449 AI data centers in 2025.

The Chinese government has outlined plans to invest $295 billion to build data centers over the next five years.

Cruz said the Democrats' position on AI is aligned with big industry players including Anthropic.

OpenAI said the banned Chinese accounts were used in support of apparent covert influence operations that promoted narratives to manipulate a debate about American AI policies.

Cruz said much of the new opposition to data centers is being manipulated by a well-funded and coordinated campaign.

Microsoft is still leaning on the foremost models from OpenAI and Anthropic even as it invests in its own models.

Microsoft previously offered its 365 Copilot AI assistant for knowledge work separately from its GitHub Copilot coding agent.

The new Code feature is based on the same technology as GitHub Copilot.

The US government's Center for AI Standards and Innovation estimated that DeepSeek V4 Pro, released in April, was about eight months behind leading US models.

Goldman Sachs estimates that US hyperscalers will spend about $764bn in 2026.

The US leads in dedicated AI data centres with 84, more than the next eight countries combined.

Washington has for years restricted China's access to Nvidia's most advanced AI chips and the equipment to make them.

Huawei's latest SuperPoD computing architecture links far fewer processors than originally planned, and each chip delivers roughly half the compute of Nvidia's.

Huawei said its Ascent 960DT chip will ship in the first quarter of 2027, three quarters ahead of its original schedule.

Alibaba said its next-generation Qwen 4 model is currently in training.

Alibaba said the Zhenwu V900 delivers three times the performance of its predecessor, the Zhenwu M890.

Alibaba announced plans to expand Alibaba Cloud's global data center capacity to more than 20 gigawatts by 2032.

Siskind warned that many Fortune 500 companies are choosing to run operations on Chinese models.

The U.S. has over 5,400 data centers compared to China's roughly 450.

Leah Siskind is an AI research fellow at the Foundation for Defense of Democracies.

China is producing around five million science and tech graduates each year, compared to around half a million in the US.

Xi Jinping and Donald Trump are meeting to discuss AI safety among other topics.

China has built vast renewable energy capacity in the regions where data centres are being constructed.

Nvidia CEO Jensen Huang has called US export controls a failure.

The US launched the Pax Silica initiative to secure AI supply chains that exclude Beijing.

Rare earths are used in weapons such as F-35 fighter jets.

China has accelerated efforts to build an AI ecosystem that does not depend on American technology.

President Donald Trump and Chinese President Xi Jinping are scheduled to meet in Washington this week.

Huawei said demand for its AI computing equipment in China is exceeding supply.

Kimi subscriptions start at 49 yuan ($7.31) per month and can go up to 699 yuan ($104.23).

It was not immediately clear whether Deutsche Bank was a client of Moonshot.

Different kinds of data were available to different Kimi users depending on subscription tier.

Rhodium Group said ByteDance's annual recurring revenue was $4 billion.

Rhodium Group said MiniMax's annual recurring revenue was $800 million.

Rhodium Group said Anthropic generated $65 billion in annual recurring revenue.

On July's earnings call, Arm management said its confidence in securing the necessary supply had improved.

Arm first disclosed visibility into $2 billion in demand for the AGI CPU on its May earnings call.

Arm's stock fell 10% after the company maintained its official $1 billion revenue outlook while working to secure enough supply to meet the additional demand.

Renjie Guo is the founder and CEO of JoyIn.

OpenAI's Sam Altman, Elon Musk and Anthropic's Dario Amodei called for a slowdown in AI development over the weekend due to uncontrollable risks.

English-language Chinese state media op-eds used "Cold War playbook" and "Dr. Frankenstein" to describe the AI warnings.

Anthropic CEO Dario Amodei wrote an essay titled 'We Must Pace the Frontier.'

Trump's Genesis Mission links federal scientific data and supercomputing to AI research across more than 15 agencies.

Elon Musk responded to Amodei's proposal by saying 'Dario is right.'

AI-related stocks slumped on Monday, with SoftBank down 10% in Japan.

U.S. President Donald Trump rejected the AI bosses' calls for a slowdown during a trip to Ireland.

Chinese Foreign Ministry spokesperson Guo Jiakun called the AI slowdown plea 'fear mongering.'

China set up the World AI Cooperation Organisation in July to shape global AI governance.

China's foreign ministry spokesperson Guo Jiakun said narratives of threat, confrontation, and malicious competition serve only to disrupt the process of global AI governance.

Former Anthropic researcher Jacob Coxson said there is a strong chance that people could all die in the immediate future if the current pace of AI development continued.

Shares of Z.ai's domestic rival MiniMax fell about 5% on Monday.

Z.ai is a Beijing-based company.

Z.ai shares jumped last month after launching a new AI model that it said runs entirely on Chinese-made chips.

The RTX PRO 5500 Blackwell has 84 GB of VRAM, which is 36 GB more than the RTX PRO 5000 Blackwell and 12 GB less than the RTX PRO 6000 Blackwell.

The RTX PRO 5500 Blackwell has 21,760 CUDA cores, the same core count as the RTX 5090.

The RTX PRO 5500 Blackwell has a TDP of 600W.

Enflame's initial retail offering drew orders for over 6,000 times the shares available.

Enflame is backed by Tencent and is the last of China's "four little dragons" of AI chipmaking to go public.

Biren jumped 76% on its IPO in January.

TSMC forecast third-quarter revenue between $44.6 billion and $45.8 billion.

TSMC plans to use ASML's High NA technology in large-scale manufacturing for advanced nodes starting in 2030.

TSMC's monthly revenue has risen for four straight months.

The practice of distillation is widespread in the AI industry but is often against AI companies' terms of service.

The report said the distillation campaign came likely with Chinese government awareness but did not claim China's intelligence services played a role.

OpenAI previously said DeepSeek had inappropriately based its model on ChatGPT.

JD Vance said China now generates roughly three times as much power as the United States.

Chinese Embassy spokesperson Liu Chang said AI should not be owned by major countries or dominated by contests and rivalry.

President Donald Trump warned on Truth Social that China could benefit from an anti-data-center movement in the U.S.

Al Jazeera reported that the US and China are forming blocs named Pax Silica and WAICO to support their AI ambitions.

Al Jazeera reported that the United States and China are the only two countries in the race to produce the world's leading artificial intelligence.

Al Jazeera reported that rare earth minerals and cutting-edge semiconductor chips are key inputs in the competition for AI dominance.

DeepSeek received 2.31% of Unitree's offering as a strategic investor with a 36-month lock-up period.

Unitree soared 460% on its IPO day in Shanghai but has retreated 27% since then.

DeepSeek is in talks with investors to raise at least another $7.4 billion in a second funding round that would value it at $74 billion.

Both Z.ai and MiniMax listed in Hong Kong in January.

Z.ai is scheduled to report results for the first six months of the year on Monday.

Z.ai claimed it used 100,000 China-made chips to handle all online requests for GLM-5.3-Flash.

Okta soared more than 28%.

The S&P 500 advanced 0.72% to close at 7,730.99.

Nvidia is projected to see revenue growth hit 70% in fiscal 2028.

Charlie Dai is VP and principal analyst at Forrester.

A White House official told CNBC that unless officially announced by the Administration, any reporting about tariffs should be regarded as baseless speculation.

A report emerged on Thursday that the Trump administration is considering new tariffs on U.S. semiconductors.

Nvidia CFO Colette Kress said the company expects revenue growth of 70% for fiscal 2028, which runs from February 2027 to January 2028.

Nvidia shares were up 7.2% in premarket trading the day after earnings.

Jensen Huang said the number of companies that need large clusters of graphics processing units has expanded dramatically.

Okta CEO Todd McKinnon said new products accounted for nearly a third of total bookings.

Todd McKinnon said Okta won dozens of AI deals in Q2.

Both CrowdStrike and Okta are up more than 80% each as cybersecurity stocks have rocketed to fresh highs.

CrowdStrike and Palo Alto Networks each rose roughly 100% year to date.

Kurtz said even sophisticated companies that spend heavily on cybersecurity remain vulnerable because AI is accelerating the speed at which attackers can identify and exploit weaknesses.

Kurtz said Anthropic's Mythos model emerged in April and demonstrated how advanced AI could make cyberattacks faster and more sophisticated.

Dr Susanne Bieller said that in Shenzhen it takes less than one hour to source components needed to make a robot, while in Europe it can take up to a week.

By 2035, more than a third of China's population will be over 60, according to official estimates.

CRP Technology says a single robot arm can be programmed to perform more than 90% of repetitive tasks.

Alibaba plans to use all of the net proceeds from the share placement to invest in its full-stack AI capabilities, including expanding and enhancing its AI infrastructure.

Tencent's capital expenditure rose 65% from the previous quarter to 52.8 billion yuan in the June-quarter.

Alibaba's capital expenditure jumped 75% to 67.7 billion yuan.

Al Jazeera's Katrina Yu reported that Chinese firms are racing US rivals as Beijing bets on humanoid robots to boost productivity.

Humanoid robots are at the forefront of China's race for technological supremacy at Beijing's World Robot Conference.

According to a source familiar with the matter, ByteDance was working with Singapore-headquartered cloud provider Aolani to access compute in Malaysia; The Wall Street Journal first reported the arrangement in March.

Chinese hyperscalers including ByteDance, Alibaba and Tencent have reportedly accessed Nvidia chip compute power remotely via Thailand, Malaysia and Japan.

White House official Michael Kratsios accused Moonshot AI of using Nvidia GB300 chips via a facility in Thailand, less than a week after Moonshot released a new model in July.

Washington restricted the export of Nvidia's most advanced chips in 2022 over concerns they could be used by the Chinese military.

Kratsios said Moonshot is likely to have used servers powered by Nvidia's GB300 Grace Blackwell computing platform.

Moonshot said its K3 model is able to rival top US technology.

Moonshot is a Chinese AI start-up.

Kimi K3 contains 2.8 trillion parameters.

Shares in Zhipu and MiniMax fell by about 27% and 16% respectively in Hong Kong following the announcement.