With the release of its latest model, Moonshot AI is quickly catching up to U.S. firms Anthropic and OpenAI.

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.

By Tracy Qu and Raffaele Huang

Moonshot AI's Kimi K3 is the largest open-weight model ever released - 2.8 trillion parameters, a million-token memory, benchmark scores within touching distance of GPT-5.6 Sol,…