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.

Moonshot AI's Kimi upends conventional wisdom on U.S. lead over China People walk past the Moonshot booth promoting its Kimi K3 AI model, during the World Artificial Intelligence Conference in Shanghai on Friday. At an event in Beijing earlier this year, some of China's top artificial intelligence leaders warned that the country remained meaningfully behind the U.S. in developing cutting-edge AI models, with one executive arguing that "the gap may actually be widening." Leading U.S. firms also appeared confident they were significantly ahead. As recently as last week, one executive at Anthropic, who spoke on condition of anonymity, mused that the Claude maker's technology was roughly six to 12 months ahead of Chinese rivals. The Chinese AI lab released Kimi K3, a more advanced open-weight model that it said outperforms all rivals except for Anthropic's Claude Fable 5 and OpenAI's GPT-5.6 on overall capability.

Fraud expert David Maimon warned Congress that criminals are using artificial intelligence to create deepfakes and fake documents to bypass government identity verification systems.

Andy Burnham's plans to move DSIT into the business department have not yet been signed off, with some experts saying they hope he will change his mind. Andy Burnham's plans to move DSIT into the business department have not yet been signed off, with some experts saying they hope he will change his mind. Andy Burnham's plan to scrap the government's technology department has triggered an angry backlash from MPs, Whitehall officials and tech experts. The incoming prime minister has asked officials to draw up plans to abolish the Department for Science, Innovation and Technology as part of a wider Whitehall shake-up. The plans have not yet been signed off, but they are causing significant disquiet among experts inside and outside government.

Palm Beach County authorities ask women to come forward after a man allegedly used the dating app Hinge to meet victims before a sexual battery arrest.

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Cornerback Levi Wallace announced his NFL retirement at age 31 after eight seasons. The Alabama walk-on and undrafted free agent played for the Buffalo Bills for four seasons.

You owe it to yourself to see The Odyssey on the biggest screen possible. I thought was a masterpiece after seeing it projected in a typical theater on 70mm film. But that was nothing compared to IMAX. An opening shot of the Trojan Horse buried on a beach towered above the audience. An aerial view of Odysseus's cliffside home in Ithaca took my breath away.

LeBron James stirred NBA free agency speculation at Fanatics Fest by saying 'trust the process,' a phrase linked to the Philadelphia 76ers. He insists it wasn't an Easter egg.