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Chinese Models Are Quietly Catching Up. Should Investors Worry? | Fortune AI Weekly

Sep 1, 2026
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Chinese AI Models like Ox Alpha and Kimi K3 are not only gaining popularity, but currently dominate the landscape outside of the US and Europe. Should investors worry? Also, OpenAI released reports on the Hugging Face attack which revealed that a full week went by before they realized their own agents were attacking Hugging Face. And an Op-Ed in the WSJ that was written in part by AI caused quite a stir — but should it have? Fortune AI Editor Jeremy Kahn and Senior AI Reporter Beatrice Nolan break down the biggest AI news of the week.