China
EU hits Google with new 1bn fine, saying it broke digital antitrust rules
The European Union has fined Google 890 million euros ($1bn), saying the technology giant broke digital antitrust rules by steering users of Google Play and its search engine towards its own services and apps at the expense of rivals. Thursday's penalty is the latest in Brussels' crackdown on Big Tech, which has seen the bloc lead the world in reining in the largest firms from Silicon Valley to Beijing. The European Commission, the bloc's executive branch, said it was acting in the interest of consumers. "The best products should succeed because they're better, not because they're owned by the company running the search engine. And European consumers have a right to be told by app developers where to sign up to the best offers, even when the app store owner does not get a cut," said Teresa Ribera, the commission's executive vice president for clean, just and competitive transition.
The Robots Cometh
Follow this section to personalize your feed and get instant alerts. Follow Go to your personalized feed WHY FOLLOW? Smart Alerts: Get notified about major news as it happens. Follow this tag to personalize your feed and get instant alerts. Follow Go to your personalized feed WHY FOLLOW? Smart Alerts: Get notified about major news as it happens. Unitree CEO Wang Xingxing was 26 when he founded the company.
China's Moonshot AI stole from Anthropic, Trump tech adviser says
China's Moonshot AI stole from Anthropic, Trump tech adviser says A White House adviser has accused China's Moonshot AI of a large scale effort to steal the capabilities of top US artificial intelligence (AI) models. US President Donald Trump's Science and Technology adviser Michael Kratsios said Moonshot AI carried out the campaign through what is known as distillation - when a weaker AI model extracts answers from a stronger one. Moonshot also gained access to restricted cutting-edge Nvidia servers to train its models, Kratsios said in a social post, external on Wednesday. The BBC has contacted Moonshot, the Chinese embassy in Washington, Anthropic, the White House, and Nvidia for comment. Kratsios said on X that the US government has information that Moonshot AI distilled capabilities from Anthropic's Fable AI for the development of its K3 model.
U.S. and China to hold AI talks in September, sources say
U.S. and China to hold AI talks in September, sources say Talks between the United States and China on artificial intelligence are set to take place in September and be led on the U.S. side by Treasury Secretary Scott Bessent, sources have said. BEIJING - The United States and China will hold talks over artificial intelligence in September, five people familiar with the matter said, as the rival superpowers grapple with how to mitigate the risks posed by each other's increasingly powerful frontier models. The AI talks, a significant outcome of the summit between U.S. President Donald Trump and Chinese leader Xi Jinping in May, will likely take place before Xi's planned Sept. 24 visit to the U.S., said the sources, who asked not to be named as the information is not public. The dates, however, have not been finalized, they said. As economic, political and military rivals, China and the U.S. have grown increasingly anxious over each other's AI capabilities amid an accelerating global AI race. In a time of both misinformation and too much information, quality journalism is more crucial than ever.
The CEO Moment: Qualcomm's Cristiano Amon
Follow this author to personalize your feed and get instant alerts. Follow Go to your personalized feed WHY FOLLOW? Smart Alerts: Get notified about major news as it happens. Those who are bullish about the future of artificial intelligence imagine a day soon when consumer products are finally able to match the potential capabilities of the technology. Among the companies determining that future is Qualcomm, the semiconductor leader whose chips power many of the devices in our lives--from smartphones to automobiles.
Chinese AI sensation Moonshot's gamble on big models pays off
Chinese AI sensation Moonshot's gamble on big models pays off People visit the Moonshot AI stand, featuring the Kimi K3 model, during the World Artificial Intelligence Conference in Shanghai on Saturday. Crowds rushed to an obscure corner of China's premier tech summit, moving past monumental booths from Alibaba Group Holding and Tencent Holdings to catch a glimpse of the hottest name in domestic artificial intelligence. Developers and users at the World AI Conference jostled for a closer look at Moonshot and its Kimi K3 -- the giant 2.8 trillion-parameter model whose release on Friday showed China was closing the gap on OpenAI and Anthropic PBC far quicker than anticipated. The startup became an instant global sensation, drawing comparisons to DeepSeek's 2025 breakout and plaudits from the likes of Tesla CEO Elon Musk. Such was the crush over the weekend that Moonshot blew through its entire stock of branded swag in just a few hours. Moonshot's emergence is a vindication not just for the country's AI industry, but also for founder Yang Zhilin.
China's AI models have Trump's AI world at war with itself
China's AI models have Trump's AI world at war with itself Kimi and other free models from China have again been seen as a wake-up call. David Sacks, the president's AI and crypto "czar" until March, branded Anthropic's models as "lobotomized" and "woke." Emil Michael, a top Pentagon official, called OpenAI's new head of strategic futures a "supreme village idiot." It began because no one can agree on what to do about Kimi, a free, open source model that Chinese AI company Moonshot launched last week. It appears to rival the intelligence of models from OpenAI and Anthropic, which are very much not free. Kimi and other Chinese models like it pose a real problem for Trump.
An Ebike Company Was Sued for Misleading Info on Safety. It Points to a Big Problem
An Ebike Company Was Sued Over Alleged Safety Misinformation. Several Chinese businesses associated with the ebike brand Aipas settled a lawsuit with Amazon and the safety certification company UL in July. Amazon and UL, a company that tests and certifies that products meet safety standards, settled a lawsuit in July with several Chinese companies that manufacture ebikes under the Aipas brand name. The US companies accused the Chinese firms in January of claiming in Amazon listings and on Aipas' website that the ebikes had been certified by UL, giving recognizable, brand-name assurance to online shoppers worried about risks like ebike lithium-ion battery fires . On July 15, a federal judge signed off on a permanent injunction in which the companies agreed that they would no longer use the UL mark.
China's Moonshot plans IPO in six months after AI breakthrough
China's Moonshot plans IPO in six months after AI breakthrough A Kimi logo is pictured at the Moonshot AI stand, featuring the Kimi K3 model, during the World Artificial Intelligence Conference in Shanghai on Saturday. Moonshot AI has told investors it's preparing to list in as early as six months, seizing the opportunity to tap capital markets after its latest model upended industry perceptions of China's burgeoning capabilities and sent global tech stocks reeling. The Chinese AI pioneer has officially distributed the shareholder resolution to its investors, seeking the blessing of its backers on a Hong Kong listing, people familiar with the matter said. The initiation of the notification process indicates an IPO could happen as soon as within the next six months. Moonshot is now in the process of wrapping a fundraising round that may value the three-year-old startup at more than $30 billion, the people said.