Nvidia17:00 BST
Nvidia to buy Hugging Face for $12.93bn
Confirmed 3 September. Nvidia's second-largest acquisition, and the open-model registry changes hands.
Topic · 12 stories
Open-weight models
AI models whose weights are released publicly for anyone to download, run and fine-tune.
DeepSeek
DeepSeek's V4-Pro reaches general availability, then prices jump up to 1,100%
The brief: a quiet pricing-page edit on 12 August, then peak/off-peak billing from 16 August.
Moonshot AI
Moonshot publishes Kimi K3 weights: 2.8T parameters
The largest open-weight release ever, eleven days after the hosted launch.
Chips & compute
Meituan open-sources LongCat-2.0: 1.6T model, trained without Nvidia
The brief: a food-delivery giant gives away a trillion-parameter AI built entirely on Chinese chips — and the benchmarks are its own.
OpenAI
The end of 'tokenmaxxing': enterprises ration AI spend
The brief: buyers are capping AI budgets and routing spend to cheaper Chinese open-weight models, just as OpenAI and Anthropic head for IPOs.
Alibaba (Qwen)
Qwen: the open-source model juggernaut, explained
Alibaba's open-model juggernaut — what it is, why it dominates, and the 2026 shift.
Moonshot AI
Moonshot ships Kimi K2.7-Code — open weights, coding-focused
Another open model from China, and this one's actually downloadable. The brief.
Mistral AI
Mistral in talks to raise ~€3bn at a ~€20bn valuation
Europe's AI champion, repriced. The brief.
MiniMax
MiniMax ships M3 — open-weight frontier claims, weights to follow
Cheap, capable, and not quite downloadable yet. The brief on what shipped and what to watch.
DeepSeek
DeepSeek ships V4: 1.6T open-weight model, $1.74 a million tokens
The brief: two MIT-licensed MoE models, 1M context, and the first DeepSeek architecture built for Huawei chips.
Mistral AI
Mistral open-sources Voxtral: a top-tier text-to-speech model you can run yourself
Open weights. One GPU. Aimed at ElevenLabs. The brief.
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