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AI chip export controls stories

Jul 31, 2026

Chinese AI startup Moonshot AI trains Kimi K3 model using 20,000 Nvidia chips via Alibaba cloud deal

Moonshot AI secured access to approximately 20,000 Nvidia Hopper generation chips through a computing agreement with Alibaba's cloud services to train its Kimi K3 AI model, demonstrating China's continued access to advanced US chip technology despite export restrictions.

Jul 31, 2026·5 sources
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Top claims

  • ▪Moonshot AI released the full model weights of Kimi K3 publicly, making it the world's largest open-source or open-weight AI model
  • ▪Moonshot AI released the Kimi K3 model on July 17, 2026, as a 2.8 trillion parameter mixture of experts model with 104 billion active parameters and a context window of one million tokens
  • ▪Moonshot AI's valuation estimates have risen from about $4.8 billion earlier in 2026 to between $20 billion and $35 billion, and the company is reportedly considering a Hong Kong IPO

Subtopics

AI foundation models1AI startups1China tech & industrial strategy1Compute, chips & AI infrastructure1U.S.–China relations1

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