Moonshot Launches Kimi K3: Largest Open-Weight AI Model at 2.8 Trillion Parameters
Moonshot AI released Kimi K3 as the largest openly available AI model with 2.8 trillion parameters. The model's open-weight release triggered a market sell-off in Chinese AI stocks, with Z.ai falling 30% and MiniMax dropping 16%.
Kimi K3: Moonshot AI's Flagship Joins the Open-Weights Arena
Moonshot AI releases Kimi K3, its latest flagship model — landing as the largest open-weight model family competing with DeepSeek, Qwen, and GLM on agentic and reasoning benchmarks.
China's Moonshot AI Seeks $30 Billion Valuation in New Funding Round
Moonshot AI, developer of the Kimi chatbot, is seeking up to $2 billion in new funding at a $30 billion valuation, a roughly sevenfold jump since December 2025.
Cerebras Runs Trillion-Parameter AI Model Nearly 7x Faster Than GPU Clouds in Landmark Inference Test
Cerebras Systems announced it runs Moonshot AI's trillion-parameter Kimi K2.6 model at 981 tokens per second, 6.7x faster than the fastest GPU cloud provider, in an independently verified benchmark.