Moonshot AI has released Kimi K2.7 Code, an open-weights model with one trillion parameters built for programming. It still trails GPT-5.5 and Claude Opus 4.8 in coding benchmarks but costs a fraction of the price. So the key question isn't whether it's the best model, but whether the extra runs you get for the same budget make up for the gap in quality.

Moonshot AI's Kimi 2.7 targets Claude Fable 5 with $0.95 per million input tokens and a trillion-parameter architecture for budget-conscious developers.

Moonshot AI releases Kimi K2.7-Code, a 1 trillion parameter open-source coding model with 30% fewer reasoning tokens and double-digit benchmark gains over