Moonshot AI Launches Kimi K3, a 2.8 Trillion-Parameter Open-Weight Model

Chinese AI lab Moonshot AI has released Kimi K3, a new 2.8 trillion-parameter open-weight model. Benchmarks suggest that Kimi K3 offers performance comparable to Anthropic's Fable 5, but at a lower cost, potentially intensifying competition in the artificial intelligence sector and influencing demand for AI hardware and infrastructure.