This episode covers the acceleration of model releases from Chinese AI labs ahead of Lunar New Year, including Moonshot’s Kimi two point five reaching fifth position on Artificial Analysis’ Intelligence Index as the only open source model in the global top five. We examine OpenAI’s expansion into advertising and HIPAA compliant healthcare infrastructure, Google’s distribution strategy embedding Gemini across search and productivity surfaces, and Anthropic’s revised constitutional framework alongside its efficiency focused positioning. The briefing details Meta’s one hundred fifteen to one hundred thirty five billion dollar capex guidance for twenty twenty six against confirmed benchmark irregularities in Llama four and potential abandonment of open weights licensing. We close with China’s conditional approval for DeepSeek to purchase Nvidia H two hundred chips under dual regulatory oversight from U.S. export controls and domestic procurement mandates, establishing operational constraints on compute acquisition timelines for Chinese frontier labs.