News & Updates
The latest news and updates from companies in the WLTH portfolio.
China's Moonshot AI stole from Anthropic, Trump tech advisor says
Add Yahoo as a preferred source to see more of our stories on Google. A White House advisor has accused China's Moonshot AI of a "large scale" effort to steal the capabilities of top US artificial intelligence (AI) models. US President Donald Trump's Science and Technology advisor Michael Kratsios said Moonshot AI carried out the campaign through what is known as distillation - when a weaker AI model extracts answers from a stronger one. Moonshot also gained access to restricted cutting-edge Nvidia servers to train its models, Kratsios said in a social post on Wednesday. The BBC has contacted Moonshot, Anthropic, the White House and Nvidia for comment. Kratsios said on X that the US government has information that Moonshot AI "distilled" capabilities from Anthropic's Fable AI for the development of its K3 model. Kimi K3 gained attention around the world after it was unveiled last week, with many believing it to have narrowed the gap between Western and Chinese AI models. Moonshot said its K3 model is able to rival top US technology. Kratsios' allegations come just a day after Treasury Secretary Scott Bessent said the US would examine whether Chinese AI models have stolen the capabilities from American rivals. "We've seen a lot of talk about open-source models coming and threatening the large language models in the US," Bessent told Fox Business on Tuesday. "If we see, especially, that overseas models are stealing from our great companies, we have the ability to sanction them," he added. The increased scrutiny by the US of Chinese AI companies also comes as Trump is expected to meet his Chinese counterpart Xi Jinping in September.
China's Moonshot AI stole from Anthropic, Trump tech advisor says
A White House advisor has accused China's Moonshot AI of a "large scale" effort to steal the capabilities of top US artificial intelligence (AI) models. US President Donald Trump's Science and Technology advisor Michael Kratsios said Moonshot AI carried out the campaign through what is known as distillation - when a weaker AI model extracts answers from a stronger one. Moonshot also gained access to restricted cutting-edge Nvidia servers to train its models, Kratsios said in a social post on Wednesday. The BBC has contacted Moonshot, Anthropic, the White House and Nvidia for comment. Kratsios said on X that the US government has information that Moonshot AI "distilled" capabilities from Anthropic's Fable AI for the development of its K3 model. Kimi K3 gained attention around the world after it was unveiled last week, with many believing it to have narrowed the gap between Western and Chinese AI models. Moonshot said its K3 model is able to rival top US technology. Kratsios' allegations come just a day after Treasury Secretary Scott Bessent said the US would examine whether Chinese AI models have stolen the capabilities from American rivals. "We've seen a lot of talk about open-source models coming and threatening the large language models in the US," Bessent told Fox Business on Tuesday. "If we see, especially, that overseas models are stealing from our great companies, we have the ability to sanction them," he added. The increased scrutiny by the US of Chinese AI companies also comes as Trump is expected to meet his Chinese counterpart Xi Jinping in September.
JPMorgan CEO Dimon says Anthropic's Mythos AI risks are a 'real issue'
Add Yahoo as a preferred source to see more of our stories on Google. July 15 (Reuters) - JPMorgan Chase CEO Jamie Dimon said on Wednesday that risks posed by Anthropic's Mythos AI model are a "real issue" that the U.S. government is on top of, underscoring concerns about the powerful model that have caused Washington to intervene. Dimon, speaking at Senator Dave McCormick's Pennsylvania Defense and Innovation Summit, added that access to advanced AI capabilities must be controlled, saying "you're giving ballistic missiles to individuals with Mythos." U.S.-based Anthropic released Mythos in April to a select group that included JPMorgan. The model has attracted interest from banks because it is considered among the most advanced AI systems for identifying cybersecurity vulnerabilities, helping firms uncover and fix weaknesses more quickly. However, in June, the U.S. government ordered Anthropic to restrict access to its top AI models, Fable 5 and Mythos 5, to foreign nationals over national security concerns, forcing the company to cut off worldwide access. The government later removed restrictions on the models after Anthropic implemented new safeguards. Governments and tech companies are grappling with AI safety concerns, including the misuse of systems capable of identifying software vulnerabilities. Washington has stepped up oversight of new model releases amid fears that advanced AI could be exploited by military intelligence in China, Russia or other countries of concern. Anthropic could not be immediately reached for comment on Dimon's remarks outside regular business hours. (Reporting by Mihika Sharma in Bengaluru and Mrinmay Dey in Mexico; Editing by Rashmi Aich)