Chinese startup Moonshot AI has released the latest version of its Kimi AI model, further shrinking the performance gap between Chinese and U.S. models just as global businesses are increasingly questioning the cost of deploying models from Anthropic and OpenAI.
On July 16, Moonshot AI unveiled Kimi K3, the latest version of its Kimi model. It boasts 2.7 trillion parameters, making it the largest open-weight large language model available today. (Parameters refer to the weights within the LLM; more parameters generally means that models can handle more complex reasoning.) DeepSeek V4 has 1.6 trillion parameters.