Why China is giving away its best AI models

People visit the booth of Kimi, an LLM developed by the Chinese startup Moonshot, during the World AI Conference in Shanghai, China, July 20th. | Image: LONG WEI/ Feature China/Future Publishing via Getty Images Silicon Valley has spent much of the past week on red alert, digesting the arrival of Moonshot AI's Kimi K3, a Chinese AI model that can allegedly beat some of the best systems built by…