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Yesterday — 22 July 2026Main stream

Moonshot AI Eyes IPO as Kimi K3 Drives ARR to $300M

22 July 2026 at 04:11

Moonshot AI could list in Hong Kong within six months after ARR reached $300 million and Kimi K3 demand forced a pause in new subscriptions.

The post Moonshot AI Eyes IPO as Kimi K3 Drives ARR to $300M appeared first on TechRepublic.

Moonshot AI Eyes IPO as Kimi K3 Drives ARR to $300M

22 July 2026 at 04:11

Moonshot AI could list in Hong Kong within six months after ARR reached $300 million and Kimi K3 demand forced a pause in new subscriptions.

The post Moonshot AI Eyes IPO as Kimi K3 Drives ARR to $300M appeared first on TechRepublic.

Trump tightens the screws on defense contractors buying from China

22 July 2026 at 02:27
Bomb finsSomewhere in a Chinese factory right now, a machine is stamping out a rare earth magnet that could end up inside a U.S. missile, and until this week, the Pentagon had no reliable way to force American weapons makers to stop that from happening. President Trump signed an executive order on July 20, 2026 aimed […]
Before yesterdayMain stream

Apps targeted at US troops contain Chinese and Russian code

21 July 2026 at 09:19

A recent examination of hundreds of mobile apps marketed toward US military personnel found more than one in eight contained software built by companies in China, Russia, or other foreign nations, raising fresh concerns that adversary governments could harvest data revealing where service members live, work, and deploy.

According to researchers at Purdue University, the US Military Academy at West Point, and Florida International University, one popular app used by service members to rate living conditions on their own bases include code from Huawei, the Chinese telecom that US regulators flagged as a national security threat in 2020. Two others were built by Russian companies and incorporate the Russian ad service Yandex.

The largely unregulated advertising industry that tracks Americans online treats civilians and service members mostly the same—unless there is profit in telling them apart—despite evidence that exposure can reveal troop deployments, unit movements, and the routines of personnel within intelligence facilities and hardened shelters where nuclear weapons are believed to be stored.

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© Tomas Ragina/Getty

China's New AI Model Halts New Subscriptions As Demand Swamps Capacity

By: BeauHD
20 July 2026 at 17:00
Moonshot AI has temporarily paused new subscriptions for its Kimi K3 model after demand surged beyond the company's current capacity within days of the launch. The open-source Chinese AI model, described as one of the largest of its kind at 2.8 trillion parameters, has rattled U.S. rivals by beating Anthropic's Fable 5 and OpenAI's GPT-5.6 Sol in front-end coding tests. The Associated Press reports: "Kimi K3 has received far more love than we expected," Moonshot AI, which is Beijing-based, wrote in a X post late on Sunday. "Over the past 48 hours, demand has pushed close to the limits of our current capacity." Moonshot said that it's prioritizing existing subscribers and would be temporarily pausing new ones. "We're adding capacity as fast as we can and will reopen new subscription spots in batches," it added. The AI startup also posted a similar message on Chinese social media. "New model releases generally trigger massive interest, which can strain existing compute infrastructure," said Lian Jye Su, a chief analyst at the technology research and advisory group Omdia. "This does show Moonshot AI does not have sufficient compute chips to serve the current surge in demand." Su said that the key reason was more likely due to Moonshot not fully anticipating the surge in K3's popularity. K3 is "very demanding" in terms of compute requirements, he said, making compute allocation challenging and expensive.

Read more of this story at Slashdot.

Trump revives Chinese AI crackdown after Kimi K3 tops coding test 

20 July 2026 at 16:29
The Trump administration has reportedly considered restrictions on Chinese AI models after Moonshot AI’s 2.8-trillion-parameter Kimi K3 topped a major coding leaderboard and drew growing interest from US companies. According to Axios, parts of the administration have renewed efforts to…

Launching Rockets is Hard, Bring them Back is Harder

By: Tom Nardi
20 July 2026 at 10:00

Since the first V2 rocket sailed above the Kármán line back in 1944 and right up until the modern era, the trajectory of most space-bound rockets was more or less the same: after expending their propellants they would either crash into some desolate steppe or plunge into the ocean. In either event, the rocket was disposable. The important bit up top might go on to explore the stars or send a human crew off on their mission, but the booster rocket that lifted the spacecraft out of the atmosphere was always going to be sacrificed for the cause.

But in the 1970s NASA had a wild idea: what if we didn’t smash a brand-new rocket valued at millions of dollars into the ocean every time we wanted to put something in orbit? Instead, they would build a hybrid space vehicle that blended the vertical takeoff and raw power of a rocket with the capabilities of an airplane, allowing it and whatever it was carrying to make a gentle runway landing at the end of its mission. As such, the Space Shuttle was born.

With the benefit of hindsight, we now know the Shuttle wasn’t quite the spaceflight revolution that NASA had hoped for. The age of reusable rockets didn’t truly begin until 2015, when SpaceX landed the first stage of their Falcon 9. To date they’ve repeated the feat nearly 600 times, all the while increasing the reliability and speed of their operations. Today the Falcon 9 is the most prolific launch vehicle in history, and nearly every other rocket in active development is being designed to include some element of reusability.

Most recently, China demonstrated that they could recover their Long March 10B rocket by gently bringing it down into what amounts to a giant butterfly net. While it might seem a bit quaint compared to rockets that land on their tails like something out of a 1950s sci-fi movie, the idea offers considerable promise.

There and Back Again

But why did it take 70+ years before we were able to regularly refly orbital-class rockets? It’s not that there’s anything inherently complex about reusing a spent rocket. Sure, there’s a case to be made that material science improvements have made the engines robust enough for repeated use. But even if you had to rebuild the engines after each flight it would still be better than slamming the whole vehicle into the ocean. Similarly, there’s nothing particularly unique about the structure of the Falcon 9 that enables it to fly multiple times — it’s a big metal tube with tanks inside of it, just like essentially every rocket that has flown before it.

The revolutionary technology demonstrated by SpaceX in 2015 didn’t have anything to do with making their rocket go up, it was that they were able to safely bring it back without damaging or physically altering it. The Falcon 9 first stage that came back to Earth was in the same condition it was when it left the launch pad eight minutes or so earlier, albeit with empty propellant tanks and a layer of soot on the outside.

As such, most of the variability we see when comparing the reuse of past, present, and future rockets comes not from how the vehicle ascends, but how it ultimately comes to rest back down on Earth.

Splashdown is Easy, But Rough

Without question, the easiest way to recover a rocket intact is to simply slow it down before it hits the surface of the ocean using parachutes This is how all American crewed capsules, and more applicably the Space Shuttle’s Solid Rocket Boosters (SRBs), have been recovered after their flights.

Once pumped out, the hollow SRBs could be towed to shore.

But even when descending under multiple huge parachutes, splashdown isn’t exactly a gentle event. It could probably best be described as “survivable”, in that the vehicle and crew will come through the experience in one piece, but neither is likely to be terribly happy about it.

The situation of course ends up being even worse for the rocket, as its structure is going to be subjected to the brunt of the impact force. Additionally, a complex aerospace vehicle getting partially submerged in salt water is a recipe for corrosion and electrical issues, to say nothing of the thermal shock the hot engines will experience when getting dunked.

One could argue that the only reason this method of recovery worked for the Shuttle SRBs is because of their relative simplicity when compared to a liquid-fueled rocket capable of independent flight. At the risk of oversimplifying the structure of the SRB, at splashdown it was effectively a hollow tube with minimal avionics and thrust vector control (TVC) hardware that could simply be replaced before the next flight.

Still, the NASA document Solid Rocket Booster (SRB) Refurbishment Practices goes over the considerable work required to bring each booster back to flight status after coming down in the ocean. Given the challenges of refurbishing the boosters, it’s perhaps unsurprising that NASA elected to forgo their reuse on the Space Launch System despite its SRBs being largely identical to their Shuttle predecessors.

Teaching Rockets New Tricks

In the very early days, while they were still trying to reach orbit with the Falcon 1, SpaceX had actually considered a Shuttle SRB-style recovery procedure. But in the end they decided to outfit the Falcon 9 with deployable landing legs and the rest, as they say, is history.

The DC-X demonstrated propulsive landing in 1993, but couldn’t reach orbit.

Landing legs allow a rocket to come down on effectively any flat surface, be it a concrete pad next to the launch facility or a floating platform. But there are some fairly serious drawbacks to this approach. For one thing, the requirement for precise terminal guidance means parachutes are out of the question. The rocket needs fins, attitude thrusters, or other control surfaces to come down on the center of the pad.

It also means the rocket needs to perform a propulsive landing. That is, use its own primary engines to bring its velocity on touchdown to as close to zero as possible. This in turn requires engines that can not only restart in flight — a capability that has not traditionally been required by first stage boosters — but are able to throttle down low enough to control the rocket’s descent without simply pushing it back upwards. It’s difficult to overstate how unnatural a state of operation this is for a rocket. Indeed, it’s the antithesis of how nearly every rocket has operated since the Song Dynasty started experimenting with gunpowder in the 10th century.

Even if you can accomplish all that, the true cost of landing a rocket is in the extra mass. Although the legs will be stowed away and unused for 99.8% of the rocket’s flight time, it still has to lug all that weight uphill. If that wasn’t bad enough, there’s also the extra weight of whatever control mechanism is in place to guide the rocket’s descent trajectory as well as the propellant that needs to be kept in reserve for the landing burn.

All told, landing a rocket on legs comes with a massive payload penalty. In the case of the Falcon 9, the rocket’s maximum capacity to Low Earth Orbit (LEO) in its expendable configuration is approximately 22,800 kg (50,300 lb). But when outfitted with the hardware necessary to land, that number is reduced by nearly 25% to 17,500 kg (38,600 lb).

Dropping the Dead Weight

There was a time, not so very long ago, when critics doubted the financial viability of recovering and reusing rockets like the Falcon 9. But today, reuse has gone from theoretical to standard operating procedure. Outside of a few Old Space holdouts, it’s top of mind for every launch provider and critical for remaining competitive in a fast-moving commercial market. In November, Blue Origin even managed to land their New Glenn heavy-lift rocket on only its second flight.

So at this point the question isn’t whether or not future rockets will be reusable, but rather, what is the most efficient way to achieve that reusability?

The first stage of Starship after being caught in mid-air.

With that in mind, it’s easy to see the appeal of China’s net recovery. While the rocket must still perform a propulsive descent — although in theory the necessary positional accuracy, and therefore the technical challenge, is somewhat reduced — it doesn’t need to have landing legs installed. This mass savings increases the vehicle’s useful payload capacity, which in turn makes it more profitable to operate. Achieving the same end goal while being easier and cheaper is an improvement in anyone’s book.

Admittedly, having the rocket come down in a huge net adds a certain amount of whimsy to the whole endeavor, but the overall logic is sound enough. It should also be said that SpaceX, for all the success they’ve had with landing their Falcon 9 on a set of deployable legs, are themselves planning on catching both the first and second stages of their next-generation Starship vehicle. Instead of a net, their goal is to pluck the rocket out of the air with a huge robotic pincer mechanism.

One is reminded of the old joke about how the Americans and Russians approached the problem of writing in space: NASA spent millions of dollars developing a pen that would work in microgravity, while their Russian counterparts simply used pencils. If China can demonstrate the ability to reuse a rocket they snagged in their net, the more elaborate methods of recovery employed by American rockets may one day look like a similarly overengineered solution.

Bitcoin price slips under $64K as Middle East tensions and China’s Kimi K3 launch rattle markets

By: Rony Roy
20 July 2026 at 05:48
Bitcoin price has slipped below $64,000 as renewed US-Iran tensions, volatile oil prices, and a technology-sector sell-off tied to China’s Kimi K3 launch drove investors away from risk assets. According to data from crypto.news, Bitcoin (BTC) price fell nearly 2%…

Chinese spy vessels cross U.S. waters on the way to the Arctic

19 July 2026 at 06:06
Two Chinese research ships pushed north through American waters off Alaska this week, and for the first time this year, they didn’t just skirt past the edge of U.S. territory, they crossed directly through it. The U.S. Coast Guard confirmed it tracked the Chinese research vessel Xue Long as it transited north through the United […]

Xi Vows to Make AI for All in Debut at China's Top Tech Summit

By: BeauHD
17 July 2026 at 18:00
Xi Jinping used his first appearance at China's World AI Conference to promote a vision of low-cost, broadly accessible AI and call for international cooperation rather than technological rivalry. "AI development should not be a solo performance by a single country, but a symphony of international cooperation," he said. Bloomberg reports: His presence at the gathering, attended by scores of tech and government leaders, conveys a potent signal of China's ambitions to dominate a technological sphere with the potential to revolutionize industry and economies -- an effort that's shot to the top of the nation's agenda. Chinese models are winning over companies worldwide, with their share of US firms' AI usage nearing a record 60% on the popular marketplace OpenRouter. Behind the rhetoric, Beijing is grappling with the balance between openness and national security as models grow more capable. Chinese officials recently discussed with companies including Alibaba -- developer of the popular Qwen models -- how to mitigate the security risks posed by their increasingly powerful models, people familiar with the matter said. The talks are early, with no enforcement planned, but restricting foreign access to top models was among the options raised, the people said. Reuters previously reported that Beijing was weighing curbs on overseas access. Earlier today, the Beijing-based AI company "Moonshot" released a massive new model that reset the AI race overnight, immediately vaulting into the top tier of global AI, beating Anthropic's Fable 5 and OpenAI's GPT-5.6 Sol in front-end coding tests.

Read more of this story at Slashdot.

Could China and Russia really destroy Starlink? Only with a boomerang.

16 July 2026 at 12:19

One week ago, three widely respected European news outlets published the results of an investigation into what they described as a "joint plan" by China and Russia to "defeat Elon Musk's Starlink."

The story was the product of a long-running inquiry by The Insider, Der Spiegel, and Le Monde. Reporters at those publications said they reviewed a cache of documents detailing growing military cooperation between China and Russia. The documents covered discussions between the nuclear powers on integrated air and missile defense systems, autonomous "swarm" loitering munitions, next-generation armored vehicles, and military aviation, the report said.

According to the papers, the investigation found evidence of a partnership between China and Russia in the field of space weapons far deeper than either country has acknowledged. One particular focus for China and Russia has been developing strategies to counter SpaceX's Starlink satellite broadband network.

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© SpaceX

Chinese firm publishes satellite images of US Typhon missile system in Japan

16 July 2026 at 08:24
MizarVision, a Chinese satellite imagery firm, released additional overhead images showing what it identified as elements of the U.S. Army’s Typhon Mid-Range Capability missile system positioned at Kanoya Air Base, a Japan Maritime Self-Defense Force installation in Kagoshima Prefecture on the southern island of Kyushu. The Typhon system is not a single missile but a […]
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