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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.

UK regulator warns of "arms race" to keep up with AI use in financial services

6 July 2026 at 10:17

Regulators are in an β€œarms race” to keep up with the use of artificial intelligence in financial services, a senior UK official has warned, with millions of people using the technology to help them make personal finance decisions.

Sheldon Mills, an executive director at the Financial Conduct Authority, told the FT the watchdog would need greater powers to stay on top of the rapid growth of AI and urged UK authorities to review whether the use of ChatGPT, Claude, Gemini, and other large language models should be subject to their rules.

Speaking ahead of the publication on Monday of an FCA-commissioned report he has written on the impact of AI in financial services, Mills said regulators in the area would have to embrace AI themselves to keep up with the β€œspeed, pace, and scale of change” the technology is bringing to the sector and to help β€œmonitor, detect, and tackle the risks.”

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