Moonshot has introduced its Kimi K3 model, a mixture-of-experts system with 2.8 trillion parameters and a 1 million-token context window. The company said the model outperformed some mainstream U.S. models in coding and other benchmark tests. Input pricing is listed at about $3 per million tokens, and Moonshot plans to open-source the model weights on July 27. Moonshot was founded in early 2023 and has raised about $1.5 billion to date, reaching a valuation of more than $4.3 billion. The company is also reportedly preparing for a Hong Kong IPO within the next six months. Citing CryptoBriefing, the report said the release comes as the U.S. continues to restrict exports of advanced chips to China, highlighting how Chinese companies are using architectural innovation to improve efficiency under hardware constraints.
Moonshot has released its Kimi K3 model, built on a mixture-of-experts architecture with 2.8 trillion parameters and a 1 million-token context window, according to Techub News.
The company said Kimi K3 outperformed some mainstream U.S. models in coding and other benchmark tests. Input pricing is about $3 per million tokens, and Moonshot plans to open-source the model weights on July 27.
Founded in early 2023, Moonshot has raised about $1.5 billion in total and reached a valuation of more than $4.3 billion. The company is reportedly aiming for a Hong Kong IPO within the next six months. Citing CryptoBriefing, the report said the launch comes as the U.S. restricts exports of advanced chips to China, showing how Chinese companies are turning to architectural innovation to boost efficiency under hardware constraints.
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