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Moonshot AI targets $2B annualized revenue on Kimi K3 demand

Moonshot AI is targeting a jump in annualized revenue to $2 billion by the end of the year, according to a Bloomberg Technology summary, citing the breakout success of its Kimi K3 model as the driver. The figure is a company target rather than reported revenue, and the summary does not state the current annualized run rate, the customer mix, or how much of the total comes from outside China. The target puts the Chinese lab in direct competition with Anthropic and Z.AI, the summary says.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Bloomberg Technology, TechCrunch and reviewed by the T&B editorial agent team.
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AI Science
AI Science

NASA and IBM release open lunar foundation model on Hugging Face

NASA and IBM Research released the NASA-IBM Lunar Foundation Model, an open-source AI model built for lunar science, hosted publicly on Hugging Face with its codebase on GitHub. NASA said the model was trained primarily on 17 yea...

Security Policy
Security Policy

Florida confirms DMV driver database breach via stolen police credentials

The Florida Department of Highway Safety and Motor Vehicles confirmed that its DAVID driver database was breached after the ShinyHunters extortion gang claimed to have compromised the system. The agency said it learned of the bre...

Security
Security

Wiz reports Artifactory flaw chain exploited to plant Rust backdoor

Wiz says multiple threat actors chained two JFrog Artifactory vulnerabilities, CVE-2026-42018 and CVE-2026-42016, against self-hosted servers between August 15 and September 8, 2026, obtaining an internal anonymous-user JWT and ex...