Bloomberg Surveillance · Friday, July 17, 2026
A new AI model from China's Moonshot, Kimmy K3, is raising concerns about its competitiveness against US models from Anthropic and OpenAI. Analysts are questioning the impact on hyperscaler CapEx and the potential for disruptive innovation despite China potentially using less advanced chips.
“Moonshot's new Kimmy K three model. Maybe a lot of people aren't familiar with what's coming down to China. They're taling gusts as they might that this can rifle the models coming down of anthropic and open AI. Do you see this as another deep sig type moment?”
“Or is this different.”
“And so that would suggest that perhaps they're creating more put more intelligence per unit of compute power with perhaps an inferior chip, and that could be very disruptive to the semiconductor ecosystem.”