The "Kimi Effect": How Moonshot AI’s Latest Breakthrough Triggered a Global Market Liquidation
The global artificial intelligence sector faced a reckoning on Friday as the release of Moonshot AI’s latest large language model, Kimi K3, sent shockwaves through international financial markets. The sudden, unannounced launch—executed in the middle of the night—caught traders off guard, triggering a massive sell-off in semiconductor and AI-related equities that erased billions in market…
