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AI & Enterprise

Truth behind chip stock fall from China AI models

Chinese AI startups are stepping up challenges to OpenAI and Anthropic, with models such as DeepSeek V4, Z.ai’s GLM 5.2 and Moonshot AI’s upcoming open-source Kimi K3 drawing attention. The Kimi K3 announcement coincided with sharp falls in U.S.-listed chip and AI infrastructure-related shares, including Nvidia and Micron. The moves have fuelled questions over whether demand for expensive AI hardware will meet expectations as efficient, open-source Chinese models gain share.

AI & Enterprise

SpaceXAI, Cursor set to launch jointly developed AI model soon

SpaceXAI and Cursor are expected to release their first jointly developed AI model as early as July 8 local time, The Information reported on July 7, citing a memo sent to employees. The companies delayed an earlier plan for this week to improve efficiency, the memo said. The new model is expected to process information faster and compete in some respects with Anthropic Opus 4.8 and OpenAI GPT-5.5.

AI & Enterprise

China\'s open-source AI GLM-5.2 could lower bar for cyber attacks, researchers warn

China AI startup Z.ai’s open-source model GLM-5.2 is raising concern among cybersecurity researchers that it could accelerate the spread of hacking capabilities, Axios reported. The model is described as having agentic capabilities comparable to Claude Opus4.8 and OpenAI GPT-5.5 at about half the operating cost. Security assessments found performance on par with leading U.S. models. Researchers say jailbreak methods are being shared on Russian-language hacker forums.