July 24, 2026

defense upswing fuels european revenues

Defense Upswing Fuels European Revenues

European defense contractors are reporting another strong quarter as military budgets rise and governments rush to refill stockpiles. Companies across the sector cite larger order books and steadier production plans,

kimi k3 ai model launch

China’s Moonshot AI Unveils Kimi K3

Moonshot AI said it has released Kimi K3, a 2.8 trillion-parameter open-source model from China that it says can rival leading U.S. systems. The company framed the debut as a