Home Finance A Chinese AI company just connected its model to Wall Street’s leading data providers
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A Chinese AI company just connected its model to Wall Street’s leading data providers

A Chinese AI company just connected its model to Wall Street's leading data providers. Skip NavigationMarketsBusinessInvestingTechPolitics & PolicyVideoWatchlistInvesting ClubPROLivestreamMenuKey PointsBeijing-based startup Moonshot has connected its Kimi model to financial data providers such as S&P and Wind Information.

What happened

Photograph: Bloomberg/Getty ImagesThe most significant detail in Amodei’s essay, We Must Pace The Frontier, was a reference to the Hugging Face incident, which occurred in July, when the rival tech company OpenAI revealed that an autonomous AI agent powered by its technology hacked a prominent database of AI models, Hugging Face. Bloomberg | Bloomberg | Getty ImagesBEIJING — The Chinese artificial intelligence startup behind the Kimi model said Thursday that financial industry giants, including investment banks, funds and venture capital firms are using its Kimi models on AI tools.

The Kimi K3 model, released by Moonshot in July, competes with models from leading U. In a lofty essay published on Saturday, Dario Amodei, the founder of Anthropic (the company behind Claude), argued that tech companies need to “slow” the pace at which they’re developing the newest and most sophisticated AI models. Lady Justice Thirlwall condemned the ‘complete failure’ to protect babies on neonatal unit at Countess of Chester hospital. “If a nuclear company had a radioactive spill, you wouldn’t be letting it regulate itself. ”Is it all just hype?

The new platform also supports the Model Context Protocol (MCP), a standard that allows AI systems to connect directly to external data sources.

The wider picture

A UNICEF benchmark of six large language models across more than 133,000 responses to questions about global development indicators produced an average accuracy score of just 21. Alongside enabling AI agents to retrieve individual statistics, Google demonstrated how an AI system connected to the UN data through MCP could pull together multiple indicators and use them to generate dashboards, charts, and written analysis without a user having to manually find and combine the underlying datasets. BOOK NOW Most Popular Clean tech startup Fluxnium found a way to tap 50,000 years’ worth of nuclear fuel Tim De Chant The AI graveyard: a running list of projects and startups that didn’t make it Lauren Forristal Salesforce and Nvidia’s new reasoning model is everything the AI labs should fear Julie Bort Jensen Huang took a call from Trump, and showed off something else, too Connie Loizos The 9 buzziest startups from Y Combinator’s latest Demo Day, according to VCs Marina Temkin Dominic-Madori Davis Tesla says it will finally unveil the second-generation Roadster on October 1 Anthony Ha Revolut confirms customer data breach through fake government requests Jagmeet Singh Loading the next article Error loading the next article

Kimi users can directly access information commonly used for analysis and reports, thanks to a number of industry data partners such as S&P Global Market Intelligence, Crunchbase, Wind, local financial news leaders and business database Tianyancha, according to Moonshot. While users don't have to download a separate interface, a test on Kimi's mobile app indicated different kinds of data were available to different users depending on subscription tier. "AI companies that understand real financial workflows and can deliver reliability and data security will be particularly well positioned to contribute to this transformation.

The Chinese startup has reportedly filed confidentially for a Hong Kong IPO. The company, however, has said it does not comment on market rumors or speculation.

What has been reported

As a general rule, it pays to be suspicious of any gigantic company that claims it’s developing a tool capable of destroying humanity. Defence | John Healey is in talks with the Canadian government about joining a new global defence bank intended to help allies rearm to counter mounting security threats, just weeks after Rachel Reeves rejected the move. In depth: ‘If a nuclear company had a radioactive spill, you wouldn’t be letting it regulate itself’View image in fullscreenDario Amodei, co-founder and chief executive officer of Anthropic.

Coverage of the hack made it sound as though OpenAI’s model had gone “rogue”. But tech researchers have since said that OpenAI turned off the model’s safety mechanisms, gave it impossible tasks to complete and ran it 1,200 times. As two legal experts observed in an interesting opinion piece for the Guardian, METR’s findings were constrained by its agreement with OpenAI, which prohibited investigators from accessing the underlying model that created the “rogue” agents.

It was published just two days after Jacob Coxon, a 27-year-old researcher at Anthropic, quit his job and posted an alarming thread on X warning that “the people building AI earnestly believe that it could kill us all by the end of this decade”. The backlash against AI is growing, and the firm has cast itself as a more responsible AI creator, most recently by refusing the Pentagon’s requests to use its Claude model to power autonomous lethal weapons.

What happens next

Meanwhile, American AI firms face increasing competition from Chinese AI firms, and are desperate to retain their share of the market. Readers of First Edition will know that we’ve previously covered how the datacentres used to power AI demand huge volumes of water and energy. You can already use AI to generate sexualised “deepfakes” and child sexual abuse images, or make use of an open-source version of Palantir to monitor live camera feeds (meanwhile, Palantir has access to identifiable NHS England data).

And many of the organisations that are supposed to make AI safer are closely aligned with the tech industry, such as Britain’s AI Security Institute, which receives funding from the industry, and doesn’t have the legal power to regulate AI or to compel developers to hand over their models. “Policy based on fear and vibes is just never going to work. ”What else we’ve been enjoyingView image in fullscreenA portrait showing the Countess of Dysart, a young woman thought to be Lady Frances Tollemache, and a young Black servant, circa 1740.

25% off tickets now Back by popular demand: Save up to $300 on Disrupt Close Image Credits:Matthias Balk/picture alliance / Getty Images AI UN turns to Google to make its global data ready for AI agents Jagmeet Singh 1:00 PM PDT · September 17, 2026 The United Nations on Thursday announced that it is working with Google to make its vast collection of global statistics easier for AI systems to access and use. Called the UN System Data Commons, the new system is built on Google’s open source Data Commons platform and lets people search for statistics from across UN agencies using natural-language queries.

The report has been compiled by The Daily Waves using information reported across cnbc.com, theguardian.com, techcrunch.com. Details are presented according to the information available at the time of publication and may change as authorities, organisers or other relevant parties provide updates.

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