Moonshot AI's K3 Disrupts Global AI Premium Narrative

Moonshot AI launched the K3 model, triggering a global AI market shock. Nvidia lost $111.1 billion in market cap overnight, Anthropic made emergency concessions, and Silicon Valley erupted in a major debate over technology routes. The K3 model may have broken the existing balance between AI performance and cost, prompting a reassessment of AI company valuations.