- Trump tech adviser has accused China's Moonshot AI of stealing from Anthropic.
- China has hinted at regulations on quant funds and AI usage in a recent state paper, according to Shanghai Securities News.
- Moonshot AI's Kimi K3 model gained global attention for narrowing the gap with Western AI, and will be released as open-source on 27 July, rivaling top US technology.
- The country's securities watchdog held an unusual number of meetings with investors, listed companies and experts over two days this week.
- The meetings highlighted the need to put more oversight on quantitative trading firms, according to the newspaper.
A White House adviser has accused China's Moonshot AI of a 'large scale' effort to steal capabilities from top US AI models, particularly Anthropic's Fable AI. Michael Kratsios stated that Moonshot AI utilized distillation techniques, where a weaker AI model extracts answers from a stronger one, to develop its K3 model.12
Moonshot AI reportedly gained access to restricted Nvidia servers to train its models, including those powered by the GB300 Grace Blackwell computing platform. Kratsios emphasized that the US government has evidence of these actions, which he described as 'industrial-scale distillation attacks'. He warned that sanctions could be imposed on Chinese companies that cross the line into intellectual property theft.
In a related development, China is contemplating regulations on quantitative trading and AI usage, as highlighted by discussions among investors and experts reported by Shanghai Securities News. The meetings underscored the need for increased oversight on quantitative trading firms, reflecting growing concerns over the implications of AI in financial markets.
As Moonshot AI prepares to release its K3 model as an open-source tool on July 27, it has garnered attention for potentially narrowing the gap between Western and Chinese AI technologies. Kratsios has previously warned that such campaigns aim to 'systematically undermine American research and development'.34
“Moonshot AI plans to release its Kimi K3 model as open-source on July 27, a move that could rival top US technology after the model narrowed the gap between Western and Chinese AI. Separately, China's securities watchdog held an 'unusual number' of meetings this week, highlighting the need for more oversight on quant funds and AI usage.”
BBC
