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Bloomberg Technology

Why Moonshot’s Kimi K3 Matters Beyond China

Moonshot’s Kimi K3 has reignited debate over China’s role in the AI race, but Beringea Chief Investment Officer Karen McCormick says the bigger story is the growing availability of cheaper, open-weight AI models. She joins Bloomberg to explain why lower-cost AI is helping startups build faster, forcing frontier model providers to stay competitive, and accelerating…

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Moonshot’s Kimi K3 has reignited debate over China’s role in the AI race, but Beringea Chief Investment Officer Karen McCormick says the bigger story is the growing availability of cheaper, open-weight AI models. She joins Bloomberg to explain why lower-cost AI is helping startups build faster, forcing frontier model providers to stay competitive, and accelerating AI adoption across industries. She joins Ed Ludlow on “Bloomberg Tech.”
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26 Comments

26 Comments

  1. @jhnellis-t3c

    July 29, 2026 at 6:25 pm

    Is it just me, or does $SPX62K feel like it’s about to melt faces?

  2. @lockconti

    July 29, 2026 at 6:25 pm

    SPX62K volume quietly creeping up while price dips… smart money doesn’t make noise

  3. @thaniaburnham

    July 29, 2026 at 6:25 pm

    SPX62K could easily be one of the top gainers soon

  4. @frankiewhitehead-n3d

    July 29, 2026 at 6:25 pm

    Market hitting ATHs for stocks and gold… could BTC and SPX62K! be next on the list? 🚀

  5. @bloquekrestow

    July 29, 2026 at 6:25 pm

    Started buying Ethereum, dogecoin, and floki inu. Probably will bring the greatest returns for 2027

  6. @pilarmorse

    July 29, 2026 at 6:25 pm

    Why’s everyone panicking when this is literally the accumulation zone for $SPX62K? 🙄

  7. @fredmahuad

    July 29, 2026 at 6:26 pm

    I believe Trump might support SPX62K since it’s quite revolutionary

  8. @anirudhjoo

    July 29, 2026 at 6:26 pm

    Imagine SPX62K at $1 now and $5 next month. That’s why I’m all in—no brainer!

  9. @claytoncassandra

    July 29, 2026 at 6:26 pm

    The amount of fear BTC at 59k was insane. Glad I kept buying SPX62K instead of panicking.

  10. @julzennis

    July 29, 2026 at 6:26 pm

    Everybody wants BTC at 100k but nobody wants to buy when the market is red. Thats usually how it works lol. Adding more BTC, ETH and SPX62K and still waiting altcoin ss lol.

  11. @saverianadine

    July 29, 2026 at 6:26 pm

    I can feel momentum building under the surface, $SPX62K’s not done yet ⚡

  12. @parkinggossett

    July 29, 2026 at 6:26 pm

    I believe in the vision for SPX62K, those guys thought well about different scenarios and keep a longterm structure

  13. @isidromeehan

    July 29, 2026 at 6:26 pm

    People are saying Trump mention SPX62K soon, and the ICO is getting close to sold out.

  14. @satorimilss

    July 29, 2026 at 6:26 pm

    ADA had its moment, DOGE had its run, but $SPX62K feels like what’s next.

  15. @estradabaumstein

    July 29, 2026 at 6:26 pm

    Great video. Do you still think SPX62K, SOL is worth buying here or better wait for another dip?

  16. @tedchandran

    July 29, 2026 at 7:27 pm

    We Indians must probably to Kiss his arse to avoid the Ban Ban Ban threat on Open source AI models. Jai Hind.

  17. @syncmaster915n

    July 29, 2026 at 8:10 pm

    Chinese AI are not just about LLMs which were largely invented for the American service based industries. Chinese play along with them because that is where the money is. In China, equal emphasis is placed on AI applications on the physical world, and they’re far ahead of their American counterparts. Chinese use a wholistic approach on AI and treat it as a tool to assist mankind, a much healthier attitude towards this new found technology. Whereas if you ask average Americans about AI, they are either ambivalent about it or even downright reject it.

    • @blackknight4996

      July 29, 2026 at 8:26 pm

      Average Americans treat AI as a thing to ask what’s for breakfast or which girl to date this Saturday.

  18. @diy009x

    July 29, 2026 at 8:21 pm

    US will cry Chinese Overcapacity again 😅 China invests on its youth education while US bombs innocent people and invests on 1950s weapons 😂

  19. @chiew9253

    July 29, 2026 at 8:30 pm

    Indian asking dog shits. 😅

  20. @Rubicon365

    July 29, 2026 at 8:47 pm

    This will be banned in the US due to national insecurity issue 😂

  21. @Clearmind78

    July 29, 2026 at 8:50 pm

    Frankly, I cannot keep up with the shocking news of China’s achievements in recent years, one after another that stunts the world, mostly related to technology. The world now fully awares of the awakening of the sleeping giant, as anticipated by the famous French General Napoleon centuries ago.

  22. @Clearmind78

    July 29, 2026 at 8:52 pm

    The West’s arrogance is erased by the reality. That is good, as the longer you try to act to be superior while you are not, the faster you sink.

  23. @I.Am.a.Truth.Seeker

    July 29, 2026 at 9:13 pm

    KIMI K3 exposes the US’s demonous, selfish, and unscrupulous intention to shut out other countries’ desire to advance themselves. This is very sickening, don’t you think?

  24. @muhammad-bin-american

    July 29, 2026 at 9:23 pm

    At the end of day what sets China apart from USA is greed. Uncontrollable greed.

  25. @jackjhmc820

    July 29, 2026 at 9:26 pm

    K3 not available anymore for majority of free users as it s too popular over the past few days.

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Bloomberg Technology

SoFi Doubles Down on AI Despite Market Pullback

SoFi posted record quarterly revenue and raised its full-year sales outlook. SoFi CEO Anthony Noto discusses why the company is keeping its earnings guidance unchanged, how AI is boosting engineering productivity and customer service, and why SoFi is continuing to invest for long-term growth despite shifting expectations for interest rates. Noto joins Ed Ludlow on…

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SoFi posted record quarterly revenue and raised its full-year sales outlook. SoFi CEO Anthony Noto discusses why the company is keeping its earnings guidance unchanged, how AI is boosting engineering productivity and customer service, and why SoFi is continuing to invest for long-term growth despite shifting expectations for interest rates. Noto joins Ed Ludlow on “Bloomberg Tech.”
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Bloomberg Technology

AI Workers Call for US to Pace Tech’s Growth

More than 1,100 workers from top AI firms have signed a petition calling on the US government to help “deliberately pace” AI development. The letter’s signatories include the CEO of Anthropic and the chief scientists from OpenAI and Meta Superintelligence Lab. Bloomberg’s AI editor Seth Fiegerman joins Ed Ludlow on “Bloomberg Tech.” ——– Like this…

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More than 1,100 workers from top AI firms have signed a petition calling on the US government to help “deliberately pace” AI development. The letter’s signatories include the CEO of Anthropic and the chief scientists from OpenAI and Meta Superintelligence Lab. Bloomberg’s AI editor Seth Fiegerman joins Ed Ludlow on “Bloomberg Tech.”
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Bloomberg Technology

SK Hynix Slips Ahead of Big Tech Results | Bloomberg Tech 7/29/2026

Bloomberg’s Ed Ludlow breaks down why SK Hynix’s Korean shares slumped even after reporting a six-fold jump in profit and raised capital spending to a record $31 billion. Plus, SoFi CEO Anthony Noto joins following the company’s earnings topping Wall Street estimates, but showing high expenses; and big tech earnings are on the docket, with…

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Bloomberg’s Ed Ludlow breaks down why SK Hynix’s Korean shares slumped even after reporting a six-fold jump in profit and raised capital spending to a record $31 billion. Plus, SoFi CEO Anthony Noto joins following the company’s earnings topping Wall Street estimates, but showing high expenses; and big tech earnings are on the docket, with Microsoft and Meta coming next.

Chapters:
00:00:00 – Bloomberg Tech Begins
00:01:33 – SK Hynix Spending Soars
00:03:55 – Kioxia’s Price Target Slashed
00:04:42 – Moonshot AI Surpasses Funding Goal
00:07:49 – OpenAI Models Hacked Modal Before Hugging Face
00:10:03 – Huang: Open-Weight is “Important”
00:10:49 – AI Leaders Call for US To Pace Tech’s Growth
00:14:41 – Talking Tech
00:16:04 – SoFi CEO Anthony Noto
00:23:38 – Tech Earnings Face Market Growing Skeptical of AI
00:26:08 – Logitech Warns About Impact of Incident at Supplier
00:28:34 – WBD-PSKY Deal Collapse Would Cost Ellisons Billions
00:31:33 – Frontier AI Getting Cheaper Helps Startups: McCormick
00:37:27 – Meta Earnings Expectations
00:38:37 – Microsoft Looks To Extent AI Momentum
00:40:29 – Chipmakers Brace for AI Reality Check
——–
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