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China's Moonshot Eyes IPO After Sparking Another "DeepSeek Moment" For US AI Stocks
China's Moonshot Eyes IPO After Sparking Another "DeepSeek Moment" For US AI Stocks
Chinese startup Moonshot AI sparked another DeepSeek-like moment for US AI stocks and hyperscalers last week. David Sacks, the former White House AI and cryptocurrency czar, warned that this is "very concerning."
Moonshot AI debuted Kimi K3, which ranks number three on the Artificial Analysis Intelligence Index, trailing only OpenAI's GPT-5.6 Sol and Anthropic's Fable 5. This only shows the continued trend of open-weight models toward the AI frontier.
Kimi K3 has emerged as a top challenger across reasoning...
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May 17, 2026 / Tyler Durden
AI vs Affordability And Rates
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By Peter Tchir of Academy Securities
Last week, we contemplated, for the first time, that we might need to Understand Universal Basic Income. The timing was very good as on Monday, South Korea floated the idea of transferring some AI-driven tax revenue to its citizens. As uncertainty around jobs, income, and costs continue to weigh on overall confidence, expect this subject to get more airtime in the political arena. The concept of UBI does go hand in hand with two competing themes: AI and Affordability.
China, Iran,...
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Aug 3, 2026 / Dave DeCamp
Ukrainian Drone Crashes on Russian Beach, Killing Seven, Including Three Children
A Ukrainian drone on Monday crashed on a beach in Gelendzhik, a Russian Black Sea resort town in the Krasnodar region, killing at least seven civilians, including three children, according to local officials, as Ukraine’s US-backed drone operations continue to kill a significant number of civilians. Footage on social media verified by Reuters shows what […]
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Aug 13, 2026 / Tyler Durden
Babylon Bee Sues New Mexico Over Restrictions On AI Satirical Posts
Babylon Bee Sues New Mexico Over Restrictions On AI Satirical Posts
Authored by Kevin Stocklin via The Epoch Times,
The Babylon Bee, a satirical online publication, is suing the state of New Mexico over a law that bans artificial intelligence-created misrepresentation of political figures and issues, including satire and parody, in the months leading up to an election.
(L-R) Timothy Head, executive director of the Faith & Freedom Coalition talks with Seth Dillon, CEO, of the Babylon Bee and Kyle Mann, editor and chief, at the annual "Road To Majority Policy Conference"...
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