Journalism begins where hype ends

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The danger of AI is not that it will become conscious and hate us, but that it will become competent and ignore us."

—Eliezer Yudkowsky

China AI Boom: How is China Financing it? What a US-Based Research Firm Says

China’s AI buildout is drawing increasing investment as companies rely on equity, bank loans and other financing channels while AI revenues and profitability lag those of US peers.

According to a Rhodium Group report, China’s AI revenues and profitability lag those of US peers. The report says China’s AI models generated around $10.7 billion in combined annual recurring revenue, roughly 10% of recently reported levels for OpenAI and Anthropic, while Chinese AI firms rely on equity, bank loans and other funding channels to sustain investment.

US, China Discuss AI ‘Hotline’ for National Security Incidents Ahead of Trump-Xi Meet

US and Chinese officials are holding high-level talks on AI, trade and critical minerals ahead of the Trump-Xi summit in Washington.

The US and China have discussed setting up a formal AI dialogue and a notification mechanism for AI-related incidents that could reach the national security level, as Washington and Beijing prepare for the Trump-Xi summit.

US, China likely to hold first bilateral AI safety talks under Trump in September

The US and China are expected to hold bilateral talks on AI safety, cybersecurity risks and frontier AI capabilities in September.

US and China are expected to hold their first dedicated bilateral AI talks under Donald Trump, with frontier AI, cybersecurity risks and open-source models likely on the agenda.

NVIDIA’s $6 Billion Poolside Deal to Compete with Domestic and Chinese Frontier AI Models

NVIDIA logo representing the chipmaker at the center of a major AI model push through its $6 billion Poolside deal.

More than 100 Poolside employees, including engineers, are expected to join NVIDIA and contribute to its Nemotron open-weight AI models.

China’s Kimi K3 Lags Top U.S. Frontier AI Models in Cybersecurity Tests: US CAISI, UK AISI

Illustration showing China's Kimi K3 alongside Anthropic's Claude Fable and OpenAI's Sol, the frontier AI models referenced in the UK-U.S. cybersecurity evaluation.

The preliminary US-UK joint assessment found Kimi K3 performed below the most recent frontier cyber-capable models on several offensive cybersecurity tasks and failed to achieve arbitrary code execution in ExploitBench tests. The evaluation comes amid growing U.S. scrutiny of China’s latest open-weight AI model.