Kimi, Crude, & Carney: Rabobank Sums Up The Geopolitical Chaos
Authored by Molly Schwartz, Rabobank cross-asset macro strategist, Trading Playbooks The advancement of one of China’s AI models, Kimi, has sharpened attention on the latest US plans to counter China’s growing AI challenge. Kimi is reportedly more powerful than several US flagship models, though not yet as powerful what lies on the frontier. However, Kimi operates at a fraction of the cost per token. That cost advantage raises the competitive threat to US AI leadership more broadly, including for other leading firms in the space, and Trump is once again taking a page out of China’s playbook by cracking down on the free market and unfettered competition. With tariffs, the US sought to limit China’s influence to bolster its own struggling manufacturing sector. Now, the more immediate question is whether Washington will do the same in an attempt to maintain its lead in the AI race…and if it will be successful. According to Axios, “the Commerce Department last year considered adding multiple Chinese AI labs to its ‘Entity List,’ which would effectively cut off US …






