--- title: "The Battle For The Future Of AI: Open-Source Models 101" type: "News" locale: "en" url: "https://longbridge.com/en/news/293350810.md" description: "AI-related stocks tumbled at the end of last week on a second 'DeepSeek moment', as the latest Chinese open-weight AI model (Mooshot AI's Kimi K3) reminded investors that cheap, light alternatives are snapping at the heels of the state-of-the-art proprietary models.\"This Is Concerning\": Why Everyone Is Freaking Out About China's Kimi K3 Model1. Open-what?A new twist on age-old format wars" datetime: "2026-07-21T13:40:49.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/293350810.md) - [en](https://longbridge.com/en/news/293350810.md) - [zh-HK](https://longbridge.com/zh-HK/news/293350810.md) generator: "portal-rs" --- # The Battle For The Future Of AI: Open-Source Models 101 AI-related stocks tumbled at the end of last week on **a second 'DeepSeek moment'**, as the latest Chinese open-weight AI model (Mooshot AI's Kimi K3) reminded investors that cheap, light alternatives are snapping at the heels of the state-of-the-art proprietary models. *"This Is Concerning": Why Everyone Is Freaking Out About China's Kimi K3 Model* ## 1\. Open-what?A new twist on age-old format wars ### Related Stocks - [DPSK.NA](https://longbridge.com/en/quote/DPSK.NA.md) ## Related News & Research - [Chinese AI Unicorn DeepSeek Is on the Hunt for 150 Engineers in Fresh Hiring Drive](https://longbridge.com/en/news/298303554.md) - [Chinese shoppers can now buy AI subscriptions from DeepSeek and Z.ai on Tmall](https://longbridge.com/en/news/298203020.md) - [CBTW Appoints Laurent DeSegur as Group Chief AI Officer](https://longbridge.com/en/news/298315498.md) - [Parents learned AI was in their kids' classrooms. Then they took it to Mamdani's office.](https://longbridge.com/en/news/298031438.md) - [Jensen's purchase of a new toy could reshape the entire AI industry](https://longbridge.com/en/news/298169709.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**