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Kimi K3, a new-generation AI model with 2.8 trillion parameters, is released by Moonshot AI at the World Artificial Intelligence Conference (WAIC) 2026 in Shanghai, China, July 20, 2026. It is currently the world's largest open-source model.
Oriental Image via Reuters Connect

Newly released Kimi K3 has become the center of a fierce debate in Washington and Silicon Valley over whether America’s “closed” approach is protecting its lead, or helping China catch up.