With the quick rise of Moonshot AI's Kimi K3, the topic of distillation has become a hot-button issue among techies and lawmakers. Moonshot's offering is one of many coming out of China, where developers are producing so-called open-weight models that are cheaper to use than models from the likes of OpenAI and Anthropic. Leading tech companies published a letter on Friday urging policymakers to avoid "premature restrictions" on open-weight models that would "stifle competition or drive innovation overseas." Jeff Dean, head of artificial intelligence at Google LLC, speaks during a Google AI event in San Francisco, California, U.S., on Tuesday,…