Oracle loses billions in market value as Sam Altman’s trouble with ‘Chinese models’ come knocking, pulling its credit risk to near 18-year high
Chinese startup Moonshot AI’s Kim-3 open-source AI model is adding to the concerns over the billions that US tech companies are spending on artificial intelligence. So much so that OpenAI’s Head of Strategic Futures Dean W. Ball recently said that the US government should sspread “FUD” (Fear, Uncertainty and Doubt) by issuing regulatory warnings to…