Just days after launching Kimi K3, Moonshot AI temporarily suspended new subscriptions, saying demand had overwhelmed its computing capacity.

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

Moonshot AI's Kimi K3 model paused new subscriptions after demand overwhelmed GPU capacity within 48 hours of its July 2026 launch.

People walk past the Moonshot booth promoting its Kimi K3 AI model, during the World Artificial Intelligence Conference (WAIC) in Shanghai, China, July 17, 2026. [Photo/Agencies]