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Abigail Avery

Experts say exploiting Anthropic’s Fable isn’t how Kimi K3 got so good

White House science advisor Michael Kratsios said that Moonshot, the Chinese company behind the Kimi K3, the largest available open-weight LLM, built its model by copying Anthropic’s Fable LLM while using chips that aren’t cleared for export to China. “Large-scale, covert industrial distillation aimed at stealing proprietary U.S. technology and undermining American research is unacceptable,”…

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ServiceNow bets $40 million on Indian banking software specialist to expand its financial services push

ServiceNow, the U.S. enterprise software company known for automating workflows like IT service management and HR operations, is betting on an Indian banking software specialist to deepen its push into global financial services. The company has invested $40 million in BusinessNext, valuing the 24-year-old Indian firm at $700 million and taking a roughly 5% stake….

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