Anthropic alleges Chinese AI labs including DeepSeek, Moonshot and MiniMax used fake accounts to distill Claude, raising new concerns about AI model theft, proxies and U.S. export controls.
MiniMax and Zhipu are now worth some $60 bln combined after more than quadrupling this year. The hype evokes the path taken by automakers like Nio, which soared to wild valuations and then got crushed ...
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