Data center operators in China, which use Nvidia’s H20 chips to crunch data for various AI services, have been struggling to find a local alternative that is as good as the U.S. company’s chips.

Alibaba-backed startup Moonshot released on late Friday night its Kimi K2 model, touting performance that rivals many U.S. models.

American officials have quietly been grading Chinese artificial intelligence programs on their ability to mold their output to the Chinese Communist Party's official line, according to a memo reviewed by Reuters.

In a fresh twist to the growing AI rivalry, Alibaba-backed startup Moonshot has unveiled its latest large language model, Kimi K2, designed to take on the likes of OpenAI’s ChatGPT and Anthropic’s Claude Opus 4.

NVIDIA's upcoming China-specific B30 AI GPU has estimated 75% of the performance of H20, with demand for B30 'significant' and orders already placed.

Chinese artificial intelligence startup Moonshot AI released a new open-source AI model on Friday, joining a wave of similar releases from local rivals, as it seeks to reclaim its position in the competitive domestic market.

In April 2025, the U.S. expanded restrictions to include the Nvidia H20 chip, a China-specific version designed to comply with earlier export rules.