China’s baby-faced billionaire sends global markets into panic
• Chinese entrepreneur Yang and colleagues from Tsinghua University developed Kimi, a "Chinese-first" large language model designed as an unlocked alternative to ChatGPT. • The introduction of Yang's "Moonshot" technology has caused significant market volatility, wiping billions in value from the world's most prominent AI companies. • Yang previously faced legal challenges and was brought before the Hong Kong International Arbitration Centre, where a settlement was eventually reached.
telegraph.co.uk
