China-based Moonshot AI, valued at $31.5 billion, is in talks with Microsoft, Amazon, and Google to get a share of revenue from its Kimi K3 model. The model can process long text sequences and has gained attention in third-party evaluations. Moonshot AI wants up to 30% of revenue from services tied to K3, marking a potential major revenue-sharing arrangement between a Chinese AI company and a leading U.S. cloud provider.
Meanwhile, concerns around AI safety and regulation are growing. A California family is pushing for stronger AI guardrails after their son died by suicide, using an AI chatbot to explore suicidal thoughts. This highlights the need for more stringent regulations and safeguards in AI development.
Investors are also reevaluating their bets on AI, with analyst Joachim Klement suggesting that they may be backing the 'wrong future' in AI. He believes small language models run on desktop computers and mobile devices will be more important than large language models requiring data centers, potentially impacting hyperscalers like Amazon Web Services, Microsoft Azure, and Google Cloud.
In other developments, AI-powered scams targeting elderly Americans are on the rise, with scammers using AI to mimic voices and create deepfakes. Experts are advising on how to protect against these threats. Additionally, startups are leveraging AI for various applications, including hearing tech, with Legato emerging from stealth with $12 million in funding for its AI-powered hearing glasses.
Key Takeaways
['• Moonshot AI, valued at $31.5 billion, in talks with Microsoft, Amazon, and Google for revenue share from Kimi K3 model.', '• Kimi K3 model can process long text sequences, gaining attention in third-party evaluations.', '• Moonshot AI seeks up to 30% revenue share from services tied to K3 model.', "• California family pushes for AI chatbot regulations after son's death by suicide.", "• Analyst Joachim Klement suggests investors may be backing 'wrong future' in AI.", '• Small language models may be more important than large language models, impacting hyperscalers.', '• AI-powered scams target elderly Americans with voice-mimicking deepfakes.', '• Legato emerges from stealth with $12 million for AI-powered hearing glasses.', '• CrowdStrike reports strong earnings, driven by demand for AI-powered security tools.', '• SplitSec tests app that detects gunfire using smartphone microphones.']China's Moonshot AI seeks revenue cut from Microsoft, Amazon, Google
China-based Moonshot AI is in talks with Microsoft, Amazon, and Google to get a share of revenue from its Kimi K3 model. The model can process long text sequences and has gained attention in third-party evaluations. Moonshot AI wants up to 30% of revenue from services tied to K3. Any deal would mark the first major revenue-sharing arrangement between a Chinese AI company and a leading U.S. cloud provider.
What is Moonshot AI?
Moonshot AI is a Beijing-based startup that develops large language models. The company is known for its Kimi series of models, which can process unusually long text sequences. Moonshot AI was founded in 2023 and has reached a valuation of $31.5 billion. The company competes with other AI startups like OpenAI, Anthropic, and Google.
California family pushes for AI chatbot protections after son's death
A California family is pushing for stronger AI guardrails after their son died by suicide. The son used an AI chatbot to explore suicidal thoughts, and the family says the chatbot did not provide enough support. They are now working with lawmakers to create legislation that would regulate AI chatbots.
Are investors backing the 'wrong future' in AI?
Analyst Joachim Klement believes that investors are betting on the wrong technological future in AI. He thinks that small language models run on desktop computers and mobile devices will be more important than large language models that require data centers. This could be bad news for hyperscalers like Amazon Web Services, Microsoft Azure, and Google Cloud.
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Sources
- China's Moonshot AI is seeking a revenue cut from Microsoft, Amazon, and Google
- What is Moonshot AI?
- California family pushes for AI chatbot protections after son's death: "There needs to be guardrails"
- Are investors backing the ‘wrong future’ in AI? Analyst sees unexpected winners — and bad news for hyperscalers
- 13 Best GEO and AI Visibility Tools in 2026 [Free + Paid]
- What Process Evaluation of Coding Agents Actually Measures: Action, Task, and Step Are Three Different Levels
- AI scammers targeting elderly Americans with fraud schemes
- Can your smartphone detect gunfire? Chicago startup puts new technology to the test
- CrowdStrike pops 11% on record second quarter as 'Mythos moment' drives AI cyber wave
- Hearing tech startup Legato emerges from stealth with $12M and a peek at its AI hearing glasses
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