A 2.8-Trillion-Parameter "Largest Open Model" Arrives at the Same Price as Sonnet 5 — How Kimi K3 Broke the "Chinese Models Are Cheap" Assumption
Moonshot AI released Kimi K3 on July 16. With 2.8 trillion parameters and a 1M-token context, it lands near the top of coding leaderboards — but at $3/$15, its pricing now matches Sonnet 5. The weights are slated for July 27, and the "Chinese models are cheap" assumption has collapsed.