
July 20th, 2026
A new Chinese AI model surprised the US tech industry on Friday.
Its name is Kimi K3.
A startup in Beijing made it.
The startup is Moonshot.
The model looks as good as the best versions of Anthropic’s Claude and OpenAI’s ChatGPT.
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July 20th, 2026

US oil companies sign deals with Iraq for new shipping routes.
US oil companies sign deals with Iraq for new shipping routes.

South Korea's Kospi falls 4.5%. Some AI stocks go down. Oil goes up.
South Korea's Kospi falls 4.5%. Some AI stocks go down. Oil goes up.

Warren Buffett says his kids will give away his money.
Warren Buffett says his kids will give away his money.

US puts 25% tax on some Brazilian goods from July 22.
US puts 25% tax on some Brazilian goods from July 22.

Fed chair Warsh does not answer Senate questions on prices, AI, and talks with Trump.
Fed chair Warsh does not answer Senate questions on prices, AI, and talks with Trump.

Asian shares go down. South Korea's Kospi falls 6.6%. Oil prices also go down.
Asian shares go down. South Korea's Kospi falls 6.6%. Oil prices also go down.