Companies
Friday, 7/17, 01:33 AM
China's Moonshot Releases Kimi K3, Closing the AI Gap at Lower Cost
- Moonshot AI, a Beijing startup backed by Alibaba and valued at around $20 billion, released a new flagship model, Kimi K3, that it says rivals the best US systems on some tasks, at a fraction of the price and with its weights set to be published openly.
- It is the latest evidence that China's AI labs are narrowing the gap cheaply, a fact with real consequences for the economics of AI and for US chip policy.