Moonshot Bets Big on Open-Source Giants to Lead China’s AI Race

TL;DR Summary
Moonshot, a Chinese AI startup led by Yang Zhilin, pushed a family of open-source, trillion-parameter models (K1.5 to K3) with innovations like MuonClip, shifting from marketing to enterprise and coder users; following rapid model releases and rivalry with DeepSeek, Moonshot’s valuation has surged past $30 billion ahead of a potential Hong Kong listing, signaling China’s rising lead in big-model AI.
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