The Sequence Radar #906: Last Week in AI: Open Models, Intelligent Robots, and the Price of Conviction

Substack · 2 months ago · 29 ● 13 sources

Jensen Huang backed an industry letter defending open-weight AI models as essential to American competitiveness, while Moonshot released Kimi K3, a 2.8-trillion-parameter open model, and Google DeepMind showed Gemini Robotics 2 controlling physical robots. Leopold Aschenbrenner's $20 billion AI hedge fund collapsed after concentrated losses, forcing a sale to Citadel, illustrating that correct long-term AI predictions can still fail with poor timing and leverage. Tech companies now face investor scrutiny on converting massive capital spending into revenue, with Microsoft and Amazon rewarded for AI monetization while Meta faced skepticism despite strong core business growth.