Beijing startup Moonshot unveiled Kimi K3 — a 2.8T open‑weight AI model — at WAIC, rattling markets and forcing Silicon Valley to reassess the frontier.

Databricks signed a term sheet valuing the company at about $188 billion and is choosing another private raise over an immediate IPO. The capital will fuel enterprise AI products and give management more runway to time a public listing.

ARPA‑H has awarded St. Jude up to $28.5M to build an in‑vivo gene‑editing platform targeting inherited bone‑marrow failure disorders, with human trials aimed within three years.