Chamath Palihapitiya, the "SPAC King" of Silicon Valley, is moving his company's core business from the US cloud to China's AI.

In October 2025, Chamath revealed on his co-hosted podcast, "All In," that his company, a top-20 customer of Bedrock, Amazon Web Services' AI hosting platform, had shifted a significant portion of its workload from Bedrock to Kimi K2, a large-scale AI model released by the Chinese startup Moonshot AI. He stated that Kimi K2 offers advantages in both performance and price, boasting sufficient performance and a significantly lower cost than leading American models like OpenAI and Anthropic.

This news caused a stir in the United States, as it is unusual for a top investor to publicly acknowledge the migration of core business to Chinese AI models, given Silicon Valley's heavy reliance on the domestic American technology ecosystem. Chamath's decision was seen as a signal that the global AI market was shifting from a "technology-first" approach to a "value-driven" approach, demonstrating that technology was no longer an ideological adjunct but a choice based on business realities and survival needs.