Chinese startup Moonshot AI unveils new model, closing performance gap with U.S. rivals

Moonshot AI, a Chinese startup, has released a new open-weight model called Kimi K3. The model has 2.8 trillion parameters and its performance approaches that of leading US frontier models, though it still trails them overall.

The model is available as open-weight, meaning its trained parameters are freely accessible to researchers and developers. This release is part of a broader trend of Chinese AI companies releasing large models that aim to close the performance gap with US counterparts.

Moonshot AI was founded in 2023 and has focused on developing large language models. The Kimi K3 release indicates progress in Chinese AI capabilities.