A Chinese startup called Moonshot AI has released Kimi K3 - the world's largest open source AI model, and it's already rivaling the AI tools we all use every single day. It's cheaper, it's fast, and it's backed by the Chinese government. So why is this making investors panic? In today's episode we break down what Kimi K3 actually is, why "open source" AI could mean the end of paying for ChatGPT and Claude subscriptions and whether this is the moment the AI bubble finally pops
Plus: the UK's political chaos and why the stock market has become impossible to invest in, the oil price spike driving up your grocery bill, and a Curve Hotline question from a listener on maternity leave asking how to keep investing on a reduced income.
Submit your money and morals question to The Ethical Hotline: https://form.typeform.com/to/BZHujjGM and if you want to check out any of the questions we've already answered you can find them here! (https://pathfinder.kiwi/pathfinder-x-the-curve/)
WTF does that mean? A guide to all the jargony bits:
Kimi K3 — Free, open-source Chinese AI model now rivalling Claude/ChatGPT.
AI bubble — Fear that AI stock prices are overhyped and could crash.
ETF — A bundle of many stocks in one investment — easy diversification.
FTSE 100 — UK's top 100 listed companies (our S&P 500).
Fiscal headroom — The gap between what govt earns vs. spends.
3 govt levers to close that gap: print money (→ inflation), raise taxes (VAT, National Insurance, GST), or borrow via bonds.
Brent Crude — Global benchmark oil price.
Credits:
Hosts: Victoria Harris & Sophie Hallwright
Editor: Kate Callaghan
Producer: Emily Rigby
Social & Digital Manager: Lucy Munro
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Chapters
00:00:00 Coming up in this episode…
00:01:16 Pathfinder x The Curve
00:01:46 We’re British Podcast Awards finalists!
00:02:48 Abi and Soph’s weeks
00:04:56 Kimi K3 and What It Means for Your Portfolio
00:16:00 Pathfinder x The Curve
00:16:49 UK political instability knock-on effects
00:30:04 Oil prices jump again
00:33:42 The Curve Hotline
00:38:16 Thank you for listening!
00:39:58 Financial disclaimer
Disclaimer: Raising The Curve has been prepared solely for informational and educational purposes. Any information provided and serviced described in this website are intended to be of general nature and provide general information only. The opinions expressed by The Curve do not constitute investment advice.
