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Results for "Moonshot"

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Moonshot AI Restructures for Hong Kong IPO Bid
TechnologybloombergSCMP15d ago2 sources

Moonshot AI Restructures for Hong Kong IPO Bid

China's Moonshot AI is reportedly unwinding its offshore structure as part of efforts to secure approval for an initial public offering in Hong Kong. This overhaul aims to meet regulatory requirements for its IPO pursuit.

US warns of Chinese AI intellectual property theft
BusinessTimes of India1mo ago

US warns of Chinese AI intellectual property theft

The US State Department has cautioned about Chinese companies, including DeepSeek and Moonshot AI, allegedly stealing US AI intellectual property, even as Nvidia hosts Moonshot's CEO at an upcoming conference.

SpaceX IPO Plans Advance with Saudi Investment Talks
FinanceReutersbloombergFT+8cnbctvn24index-hrYahoostraits-timesRapplerkhaleej-timeskuwait-times2mo ago11 sources

SpaceX IPO Plans Advance with Saudi Investment Talks

Elon Musk's SpaceX has confidentially filed for a stock market listing, reportedly targeting a $1.75 trillion valuation, potentially making it the largest U.S. public offering. The company is holding talks with a Saudi fund for a possible $5 billion investment, and its IPO could allocate triple the usual shares to everyday investors.

SpaceX Secures $60 Billion Option for AI Startup Cursor
BusinessReutersbloombergNYT+13wsjFTThe Guardiancnbcfazle-figaroder-standardtvn24+5 more1mo ago16 sources

SpaceX Secures $60 Billion Option for AI Startup Cursor

SpaceX has secured an option to either acquire the artificial intelligence startup Cursor for $60 billion or enter a $10 billion partnership. This strategic move by Elon Musk's company signals a significant investment in AI technology ahead of a potential IPO.

Artemis II Mission Continues Lunar Journey Despite Orion Capsule Toilet Malfunction
ScienceAPReutersBBC+57wsjThe GuardianNPRCNNFox Newsnzzhelsingin-sanomatnos+49 more2mo ago60 sources

Artemis II Mission Continues Lunar Journey Despite Orion Capsule Toilet Malfunction

NASA's Artemis II mission, the first crewed lunar journey in over 50 years, has successfully launched with four astronauts now racing towards the Moon, though they have encountered a significant issue with the Orion capsule's space toilet, a problem also reported by Lithuanian media as a 'big issue' in the capsule.

Competition or ‘co-opetition’: how is convergence shaping AI race between China and US?
BusinessSCMPluxemburger-wort2mo ago2 sources

Competition or ‘co-opetition’: how is convergence shaping AI race between China and US?

There was a surprise guest speaker at Nvidia’s widely watched GPU Technology Conference (GTC) in San Jose, California, last month: Yang Zhilin, the founder of Beijing-based Moonshot AI, the developer behind the Kimi family of foundational artificial intelligence models. Amid heated rhetoric about US-China AI competition, which some have likened to an “arms race”, the participation of a Chinese AI start-up’s CEO at the flagship event of American chipmaking giant Nvidia might have struck some a...

Tesla and SpaceX Advance Plans for New AI Chip Factory in Texas
TechnologyReutersbloombergwsj+14fazle-figaroder-standardrzeczpospolitaBusiness InsiderYahooindian-expressstraits-times+6 more2mo ago17 sources

Tesla and SpaceX Advance Plans for New AI Chip Factory in Texas

Elon Musk's Tesla and SpaceX are moving forward with plans for a new 'Terafab' chip factory in Texas, aimed at manufacturing chips for artificial intelligence, robotics, and data centers, as confirmed by new reports.

China’s MiniMax, Moonshot top AI token use ranking, ending year of US dominance
TechnologySCMP3mo ago

China’s MiniMax, Moonshot top AI token use ranking, ending year of US dominance

Chinese open-source artificial intelligence models, led by those from MiniMax AI and Moonshot AI, have topped global token usage, ending a year of market dominance for US developers, according to data from OpenRouter. Online AI hosting platform OpenRouter’s latest ranking reflected the increased international demand for Chinese open-source models on its site following a series of new releases. Launched around two weeks ago, the M2.5 from Shanghai-based MiniMax emerged as the most popular AI...