The US might lose the AI race to China. Should Americans care?

In this photo illustration, a smartphone displays the Kimi K3 logo in front of a screen showing the Chinese national flag on July 18, 2026, in Shenzhen, Guangdong Province, China. | Photo illustration by Cheng Xin/Getty Images Both Washington and Silicon Valley are in the midst of a collective freak-out over China’s recent advancements in artificial intelligence. Key takeaways The release of the new AI model, Kimi K3, has reignited concerns in Washington and Silicon Valley that China’s AI…