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MIT Technology ReviewJul 18, 2026

China narrows AI gap with US as startup launches world's largest open model

A Chinese startup has released the world's largest open AI model, directly competing with US frontier systems and sending AI stocks tumbling.

MIT Technology ReviewJul 18, 2026

Chinese Startup Drops World's Largest Open AI Model, Shaking US Stocks

Moonshot unveiled an open AI model that rivals Anthropic and OpenAI's offerings, sending AI and semiconductor stocks sliding and signaling China's aggressive open-source bet.