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China's Z.AI is reportedly on track to reach $1 billion in annual recurring revenue, a milestone that could make it the country's first AI startup to hit that mark.

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Moonshot AI’s Kimi K3 topped a frontend coding benchmark, beating Claude Fable 5 while adding pressure on US AI leaders.

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What they don’t see are the years leading up to that moment. Increasingly, that’s where the real competition is taking place.

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The fastest-growing challenge to those margins is not another well-funded AI lab. It is a wave of powerful AI models being ...