Chinese AI firm Moonshot AI announced its Kimi K3 model, which it stressed was the first open model (not open-source model) to reach 2.8 trillion parameters.

The FT reports Kimi K3 will be the largest open AI model from China, with a parameter count between 2 trillion and 3 trillion.

Moonshot AI released Kimi K3, a 2.8 trillion-parameter open-source AI model from China that rivals OpenAI, Anthropic and other top U.S. systems in frontier AI benchmarks.