U.S. Tech Stocks Drop After Chinese Startup Unveils Competitive AI Model
Chinese AI startup Moonshot AI introduces Kimi K3, a low-cost model challenging U.S. dominance in artificial intelligence, triggering a sell-off in major American tech stocks.
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Chinese AI startup Moonshot AI introduces Kimi K3, a low-cost model challenging U.S. dominance in artificial intelligence, triggering a sell-off in major American tech stocks.
Showing 121-144 of 186 articles.
world
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Former White House AI official David Sacks cautions that the U.S. risks losing its competitive edge following the release of China’s new AI model, Kimi K3.
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US President Donald Trump alleges China obtained 220 million voter records and claims election system vulnerabilities, contradicting past US intelligence findings.
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A resolution to terminate a Trump-era Medicare program using AI for care approvals failed along party lines in the Senate.
The Hill | Jul 16, 2026, 9:09 PMus
Marco Rubio and Stephen Miller led a conference focused solely on leftwing activism, amid rising rhetoric labeling political opponents as communists.
Guardian US | Jul 16, 2026, 9:01 PMgeneral
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Jensen Huang meets with Japan's Minister of Economy, Trade and Industry as Tokyo seeks to strengthen ties with US tech leaders.
Nikkei Asia | Jul 16, 2026, 7:56 PMglobal-institutions
At the conclusion of the 2026 High-Level Political Forum, countries pledged reforms to boost Sustainable Development Goal funding despite a significant drop in official development assistance.
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House GOP advances a $95 billion budget framework despite opposition from fiscal hawks over lack of spending offsets, with a critical floor vote expected next week.
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Washington Times News | Jul 16, 2026, 5:27 PMworld
A suspected assassination plot targeting a Ukrainian-Cypriot businessman in Monaco has taken a new turn with the death of a key suspect in Ukraine and the arrest of two men linked to Ukrainian intelligence.
Deutsche Welle | Jul 16, 2026, 4:32 PMworld
President Volodymyr Zelenskyy's second government reshuffle of 2026 sparks public outcry amid ongoing war with Russia.
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A coalition of 44 Japanese companies launches a project to develop a sovereign AI foundation model, backed by a major purchase of Nvidia Rubin chips to advance physical AI.
Nikkei Asia | Jul 16, 2026, 4:12 PMShowing 121-144 of 186 articles.