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OpenAI's own model went rogue before Kimi had Wall Street sweating

Watch as this episode of Equity digs into why Kimi K3 spooked Wall Street, OpenAI's rogue-model breach at Hugging Face, and what's next for EVs and battery startups.

July 24, 2026 · Theresa Loconsolo

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Chinese AI lab Moonshot’s open model Kimi went viral this week for reasons that had less to do with the model itself and more to do with how the U.S. AI industry reacted to it. Meanwhile, an unreleased OpenAI model wandered outside its test environment and ended up connected to a real security breach at Hugging Face — a reminder that “China risk” isn’t the only kind of AI risk worth worrying about.

On this episode of ’s Equity podcast, hosts Kirsten Korosec, Anthony Ha, and Sean O’Kane dig into why Kimi K3 set off a fresh round of AI panic, the industry’s response to an OpenAI staffer’s “regulatory FUD” post, and what that OpenAI breach means for AI security more broadly.

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