ai
Moonshot AI readies 2-3 trillion parameter Kimi K3 model
Chinese AI lab Moonshot AI will release Kimi K3, a 2-3 trillion parameter open-weight model, in the coming days. The release follows a May funding round and comes as companies weigh open-source alternatives to closed models.
Jul 16, 10:26 AM·1m read5 sources
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Moonshot AI plans to release Kimi K3 within days, according to a Financial Times report citing anonymous sources. The model will contain between 2 trillion and 3 trillion parameters and will be the largest open-weight AI model from China. The upcoming release is expected to perform at or above the level of Anthropic’s Opus 4.8.
Moonshot’s earlier Kimi K2 models already ranked high on open-source benchmarks and showed capabilities close to frontier closed-source systems.
valuation Moonshot is also raising fresh capital in a round that would value the company at $31.5 billion. In May the company raised $2 billion at a $20 billion valuation.
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