Artificial Intelligence

Faster cloud growth is being accompanied by mounting pressure on earnings and cash flow from AI infrastructure spending.

Kimi K3 has pushed Moonshot AI closer to the frontier, but that advantage may prove fleeting as compute becomes the next constraint.

Rapid GPU cloud growth contrasted with more modest gains in AI applications.

Scarcity and market enthusiasm can lift AI valuations, but only revenue and commercial deployment can sustain them, he said.

Tech ETFs draw record inflows as Beijing pledges market stability.

The model uses the same base as GLM-5.2 but delivers stronger results across coding and cybersecurity benchmarks.

Prices will not be cut in other sectors despite weakness in smartphone and automotive markets.

ByteDance has created an AI data and security unit as it expands its in-house data ops for foundation model training.