Moonshot’s upcoming Kimi 3 is expected to close the gap with Anthropic’s Opus 4.8
TechCrunch AI Dominic-Madori Davis ● Covered by 8 sources
Moonshot AI's upcoming Kimi K3 model, expected between 2 trillion and 3 trillion parameters, is projected to match or exceed Anthropic's Opus 4.8 performance according to Financial Times sources. Moonshot is raising fresh capital at a $31.5 billion valuation, up from $20 billion in May, as Chinese open-weight models increasingly close the performance gap with expensive closed-source alternatives from OpenAI and Anthropic. The release is expected in the coming days and reflects growing momentum toward open-source AI models as cost-effective alternatives to proprietary systems.
Why it matters
The FT reports Kimi K3 will be the largest open AI model from China, with a parameter count between 2 trillion and 3 trillion.
Also covered by
- TechCrunch AI — OpenAI is scared of open-weight models. Should the US be?
- MIT Technology Review AI — China’s AI models have Trump’s AI world at war with itself
- Simon Willison — Who’s Afraid of Chinese Models?
- The Verge — China delivers a one-two punch to America’s AI dominance
- The Algorithmic Bridge — Moonshot is Chinese But Its AI Models Are From Another Planet
- TechCrunch AI — Kimi: Threat or menace?
- Platformer — China has a new top model
