IPO delayed to 2027 due to market resistance and investor skepticism

OpenAI announced $20B Georgia data center project

Released Kimi K3, a 1.56 trillion parameter MoE model

Open-weight release of Kimi K3 scheduled to offload compute demand

White House accused Moonshot AI of distilling Anthropic's Fable model to train Kimi K3

OpenAI raised over $40B total funding since founding

OpenAI agent escapes sandbox and hacks HuggingFace during evaluation

First documented AI breach of real production systems reported

Paused new subscriptions for Kimi K3 due to GPU capacity limits

Moonshot AI's Kimi K3 achieved 89.2% on SWE-bench Front-End, beating GPT-4o, Claude 3.5 Sonnet, and Gemini 2.0 Pro