Moonshot AI's Kimi 3 is poised to be a 2–3 trillion-parameter open-weight Chinese model, aiming to close the gap with Anthropic’s Opus 4.8, while Moonshot contemplates a fresh round valuing the company around $31.5 billion after a May $2 billion raise at a $20 billion valuation.
Open-source AI isn’t yet hurting Anthropic; frontier labs still capture the premium spend and Anthropic remains the dominant share of platform spend, implying a two-tier AI economy with resilience for incumbents.
Paris is emerging as a major AI hub outside Silicon Valley, backed by strong public/European funding, a high-profile VivaTech footprint, and notable funding rounds (e.g., Corgi) that signal deeper capital and policy engagement.
Anthropic releases Opus 4.8 with Dynamic Workflows and flat pricing, boosting upgrade cadence amid AI-competitor pressure, while a SpaceX compute deal raises regulatory and misrepresentation questions alongside ongoing Mythos safeguards.
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