Startup says model's popularity has pushed computational capacity 'close to the limits'

Moonshot AI's Kimi K3 launches with 2.8 trillion parameters, beating GPT-5.6 on key tasks and triggering semiconductor stock sell-offs amid US AI spending

Moonshot AI launched the Kimi K3 model, challenging U.S. competitors. Anthropic's valuation hitting $1.25T by December at 91% YES.