▶ 21:00 · $HUAWEI · Huawei GPUs powering Chinese AI labs as Nvidia alternative

episode briefing

Kimi K3 Just Changed Everything...

2026-07-21 · 7 company · 11 thematic

sentiment

3 bull0 bear4 neu

speakers

Co-host of Limitless Podcast (episode 210), a 4x/week show covering the frontier of AI and technology with a newsletter reaching hundreds of thousands. The podcast recently spun out as an independent entity.

josh kale

quote

“Now whether they're using Huawei's GPUs which was announced at the same conference that Xiinping had a speech at or whether they're using Nvidia GPUs the point is infrastructure is the moat and that's where capital is headed.”

—josh kale

now playing · $HUAWEI

$MOONSHOT-LABSneutral· mediumejaaz

Moonshot Labs valuation jumps 7x to $30B after Kimi K3 release

Chinese lab achieved near-frontier model performance at 50x lower cost than US peers, but GPU constraints prevent monetization at scale, raising questions about whether Chinese la…

$MOONSHOT-AIbullish· mediumejaaz

Moonshot Labs valuation jumps 7x to $30B after Kimi K3 release

Kimi K3 achieves near-frontier performance at 1/50th the cost of US models, driving massive adoption (58% of US OpenRouter traffic) and a valuation re-rating from $4.3B to $30B, t…

$OPENAIneutral· mediumejaaz

OpenAI's $1T valuation questioned as Chinese models close gap at fraction of cost

OpenAI trades at a massive premium to Chinese rivals despite Kimi K3 reaching striking distance of GPT-4.5 capabilities at ~1/50th the token cost; the premium rests on research ta…

$DEEPSEEKneutral· lowejaaz

DeepSeek valued at $71B, planning IPO as Chinese open-source leader

DeepSeek is a leading Chinese frontier lab valued at $71B, aiming for IPO; its V4 architecture was distilled by US startups (Thinking Machines), showing bidirectional technology f…

$ANTHROPICbullish· mediumejaaz

Anthropic seen as best bet for recursive self-improvement alongside OpenAI

Anthropic (valued ~$1T) and OpenAI are viewed as the most likely to achieve self-improving models (Claude 4, GPT-6), which would justify current valuations; Chinese labs depend on…

$NVDA···bullish· highjosh kale

Nvidia is the real winner as AI compute demand goes 'up only' regardless of model winner

Jensen Huang/Nvidia wins in every scenario: open source proliferation, custom ASICs (Trainium, TPUs), and US-China competition all drive insatiable GPU demand; the hosts are expli…

$HUAWEIneutral· lowjosh kale

Huawei GPUs powering Chinese AI labs as Nvidia alternative

Huawei announced GPUs at the same WAIC conference as Xi's speech; Moonshot may be using Huawei GPUs given Nvidia export restrictions, but compute scarcity remains the bottleneck.

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▶ 21:00 · $HUAWEI · Huawei GPUs powering Chinese AI labs as Nvidia alternative

episode briefing

Limitless Podcast

Kimi K3 Just Changed Everything...

2026-07-21 · 7 company · 11 thematic

sentiment

3 bull0 bear4 neu

speakers

ejaaz

josh kale

quote

“Now whether they're using Huawei's GPUs which was announced at the same conference that Xiinping had a speech at or whether they're using Nvidia GPUs the point is infrastructure is the moat and that's where capital is headed.”

—josh kale

now playing · $HUAWEI

$MOONSHOT-LABSneutral· mediumejaaz

Moonshot Labs valuation jumps 7x to $30B after Kimi K3 release

Chinese lab achieved near-frontier model performance at 50x lower cost than US peers, but GPU constraints prevent monetization at scale, raising questions about whether Chinese la…

$MOONSHOT-AIbullish· mediumejaaz

Moonshot Labs valuation jumps 7x to $30B after Kimi K3 release

Kimi K3 achieves near-frontier performance at 1/50th the cost of US models, driving massive adoption (58% of US OpenRouter traffic) and a valuation re-rating from $4.3B to $30B, t…

$OPENAIneutral· mediumejaaz

OpenAI's $1T valuation questioned as Chinese models close gap at fraction of cost

OpenAI trades at a massive premium to Chinese rivals despite Kimi K3 reaching striking distance of GPT-4.5 capabilities at ~1/50th the token cost; the premium rests on research ta…

$DEEPSEEKneutral· lowejaaz

DeepSeek valued at $71B, planning IPO as Chinese open-source leader

DeepSeek is a leading Chinese frontier lab valued at $71B, aiming for IPO; its V4 architecture was distilled by US startups (Thinking Machines), showing bidirectional technology f…

$ANTHROPICbullish· mediumejaaz

Anthropic seen as best bet for recursive self-improvement alongside OpenAI

Anthropic (valued ~$1T) and OpenAI are viewed as the most likely to achieve self-improving models (Claude 4, GPT-6), which would justify current valuations; Chinese labs depend on…

$NVDA···bullish· highjosh kale

Nvidia is the real winner as AI compute demand goes 'up only' regardless of model winner

Jensen Huang/Nvidia wins in every scenario: open source proliferation, custom ASICs (Trainium, TPUs), and US-China competition all drive insatiable GPU demand; the hosts are expli…

$HUAWEIneutral· lowjosh kale

Huawei GPUs powering Chinese AI labs as Nvidia alternative

Huawei announced GPUs at the same WAIC conference as Xi's speech; Moonshot may be using Huawei GPUs given Nvidia export restrictions, but compute scarcity remains the bottleneck.