Weekly AI Report
Weekly AI Report | 2026-07-20 to 2026-07-26
Kimi K3 reshaped the AI landscape this week — the 2.8-trillion-parameter open-source model burned through GPU capacity within 48 hours, drove 6x daily revenue, and triggered a $470B global tech stock selloff, narrowing the perceived US-China AI gap to 3-5 months.
Published
The Week's Main Thread
Kimi K3 Shatters the Open-Source Ceiling
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Why it matters
This week reshaped the competitive landscape: Kimi K3 became the first Chinese open-source model to challenge top-tier US closed-source models globally.