Story perspectives

Moonshot AI launches 2.8T Kimi K3; Xi pushes open-source.

7/19/2026

Summary

Story summary

Moonshot AI launched the 2.8-trillion-parameter Kimi K3 in China on July 17, pricing the API at $15 per million output tokens.
DoorDash, Cursor and Vercel have begun integrating Kimi K3 to reduce AI operating expenses.
President Xi Jinping called for global open-source AI cooperation at the World Artificial Intelligence Conference, while U.S. firms and lawmakers accused Chinese developers of illicitly distilling U.S. models, a claim Beijing called groundless.

History

Historical Context

In February 2019 OpenAI announced its 1.5-billion-parameter GPT-2, releasing a limited model that sparked global debate over AI misuse and prompted worldwide policy discussions. The scaling race continued with OpenAI’s 175-billion-parameter GPT-3 in 2020 and Microsoft’s exclusive licensing. On July 17 2024 Moonshot AI unveiled the 2.8-trillion-parameter Kimi K3 in China, intensifying calls for international AI governance.

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Story summary

Moonshot AI launched the 2.8-trillion-parameter Kimi K3 in China on July 17, pricing the API at $15 per million output tokens.
DoorDash, Cursor and Vercel have begun integrating Kimi K3 to reduce AI operating expenses.
President Xi Jinping called for global open-source AI cooperation at the World Artificial Intelligence Conference, while U.S. firms and lawmakers accused Chinese developers of illicitly distilling U.S. models, a claim Beijing called groundless.

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