Moonshot AI Unveils Open-Source Kimi K3 Model with 2.8 Trillion Parameters (heise.de)

• Kimi K3 is an open-source model with 2.8 trillion parameters.
• Moonshot AI valued at $31.5 billion, planning Hong Kong IPO.
• Xi Jinping calls for more control and open access to AI.

"Chinese AI startup Moonshot AI has unveiled Kimi K3, an open-source model with 2.8 trillion parameters. The company claims it outperforms US models like Claude Opus 4.8 and GPT 5.5 on coding tasks but lags behind Claude Fable 5 and GPT-5.6 Sol. US companies accuse China of distillation. Xi Jinping called for more control and open access at the World AI Conference. Moonshot AI is valued at $31.5 billion and plans an IPO in Hong Kong."