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China Just Erased America's AI Lead

1 month 1 week ago
Longtime Slashdot reader schwit1 shares a report from Axios: Kimi K3, a massive new model by Beijing-based Moonshot AI, threatens the foundations of Americas AI boom. Its release Thursday dazzled developers, jolted Silicon Valley and reset the AI race overnight. Kimi immediately vaulted into the top tier of global AI, beating Anthropic's Fable 5 and OpenAI's GPT-5.6 Sol in front-end coding tests by AI evaluator Arena. In Arenas broader text ranking, Kimi finished ahead of Anthropics Opus 4.8 -- the company's flagship model until Fable 5 arrived in June -- while costing 40% less. Unlike the premium U.S. models its challenging, Moonshot plans to release Kimi as an open-weight model on July 27 -- allowing companies and governments to customize and run it on their own systems. Kimi's arrival suggests that cushion may have collapsed far faster than expected. "The entire game has changed. I expect this will trigger some code red for some," AI analyst Kim Isenberg predicted. For companies, governments and developers, a model that performs near the frontier, costs 40% less and can be customized or run in-house may be the more attractive option. Its very existence puts pressure on the pricing power of U.S. labs, the enormous valuations built around their technological edge, and the case for spending hundreds of billions of dollars on ever-larger data centers.

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FBI Arrests Man Accused of Using Steam Games To Drain Victims' Crypto Wallets

1 month 1 week ago
The FBI arrested a Florida man accused of uploading fake Steam games containing malware that stole passwords, data, and cryptocurrency wallet credentials from victims. Prosecutors say the scheme infected about 8,000 people, compromised roughly 80 crypto wallets, and stole at least $220,000 through games that appeared legitimate but secretly carried malware. TechCrunch reports: On Tuesday, the FBI arrested Zyaire Wilkins, a 21-year-old Florida resident and student. On Wednesday, prosecutors accused him and a number of unnamed co-conspirators of hacking crimes. Over the past two years, Wilkins and his partners allegedly published several malware-laden video games on Steam, including BlockBlasters, Dashverse, Lampy, Lunara, and PirateFi. Using that malware, says the FBI, Wilkins and his accomplices infected around 8,000 victims, and then hacked around 80 cryptocurrency wallets to steal at least $220,000 worth of crypto. Wilkins and the others marketed their malicious video games on Discord, LinkedIn, and Telegram, according to the authorities. [...] After the FBI identified another person involved in the crimes, according to the complaint, federal agents interviewed them. The unnamed person said they worked with other people to raise money to launch and market the malicious games in return for sharing some of the stolen cryptocurrency. The FBI identified a specific crypto account involved in the scheme, and then traced cryptocurrency payments made with that account to buy several gift cards, including for UberEats. After subpoenaing Uber, the feds were able to see that the gift cards were linked to an account that made deliveries to Wilkins, who went by the nickname Sibel.eth online, according to the complaint. The feds then got a search warrant for Wilkins' residence, where they seized his MacBook laptop, cellphones, other devices, and digital wallets. According to the complaint, he refused to speak or answer any questions.

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