Chinese startup Moonshot AI on July 17, 2026 unveiled Kimi K3, a 2.8-trillion-parameter open-weight multimodal model that the company and independent benchmarks say performs on par with top-tier systems from OpenAI and Anthropic. The launch marks one of the most direct challenges yet to the US lead in frontier artificial intelligence, and Moonshot is positioning K3 as the world's largest openly released AI system.
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