Moonshot AI Readies 2 Trillion-Parameter Kimi K3 to Challenge Anthropic Opus 4.8
Updated
Updated · TechCrunch · Jul 16
Moonshot AI Readies 2 Trillion-Parameter Kimi K3 to Challenge Anthropic Opus 4.8
3 articles · Updated · TechCrunch · Jul 16
Summary
Kimi K3 is expected to launch within days as Moonshot AI’s biggest open-weight model yet, with 2 trillion to 3 trillion parameters and performance reportedly at or above Anthropic’s Opus 4.8.
That push builds on strong reception for Moonshot’s K2 models, which ranked highly on benchmarks and narrowed the gap with leading frontier systems despite being open source.
Moonshot is also raising fresh capital at a reported $31.5 billion valuation, up from the $20 billion valuation attached to its $2 billion fundraising round in May.
The release lands as companies question paying for closed-source AI from OpenAI and Anthropic, with data-control concerns and lower-cost Chinese open models helping shift attention toward alternatives.