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Moonshot AI launches Kimi K3, a 2.8T-parameter open-weight model

Kimi K3 at a glance

Kimi K3 is a 2.8-trillion-parameter mixture-of-experts model with native vision and a 1M-token context, with weights released under the Kimi K3 License.

Current standing

As of

Rank
#38of 43 models

Kimi K3 (Low) · 17.4 on the Artificial Analysis Intelligence Index v5.0.1 (opens in a new tab)

Current leader
Gemini 4 Carbon (Google) · 60

Computed from our daily snapshot; it changes as new models are measured. Moonshot AI launches Kimi K3, a 2.8T-parameter open-weight model

What changed with Kimi K3

Moonshot AI published Kimi K3 on July 16, 2026, calling it the first open model at the 3T class. The Hugging Face model card lists 2.8T total and 104B activated parameters, a 1,048,576-token context, image and text input, and new Kimi Delta Attention and Attention Residuals components.

Moonshot says K3 performs at a frontier level but still trails the top proprietary models overall. It launched on Kimi.com, Kimi Work, Kimi Code, mobile apps, and the Kimi API as kimi-k3, with weights promised by July 27, 2026 under the Kimi K3 License.

Kimi K3 benchmarks and pricing

Values are copied from the linked source on the date shown. They are not IA Compa measurements.

Input price per 1M tokensas of · Source for Input price per 1M tokens: kimi.com (opens in a new tab)
$3.00
Output price per 1M tokensas of · Source for Output price per 1M tokens: kimi.com (opens in a new tab)
$15.00
Context windowas of · Source for Context window: huggingface.co (opens in a new tab)
1M tokens

How it compares

Other models in the same category that we have covered, using each model's latest recorded value. (Models)

Output speed (tokens/s)higher is better
Input price (USD per 1M tokens)lower is better
Output price (USD per 1M tokens)lower is better
Context window (tokens)higher is better

Kimi K3 reasoning effort

Artificial Analysis tests this model at several reasoning-effort settings. Higher effort usually scores higher but costs more and answers more slowly.

Kimi K3 by effort level

Higher effort lets the model think longer. Here is what each setting scores, how fast it writes, and what it costs on Artificial Analysis.

Kimi K3: Artificial Analysis results by reasoning effort
EffortIntelligence IndexOutput speed (tokens per second)Cost to run the indexBlended price (3:1) (per 1M tokens)Price in / out (per 1M tokens)First token
Max (Kimi K3 (max))n/a39n/a$6$3 / $157 s
Low (Kimi K3 (low)) · Best: highest effort with a score, used in the leaderboard1736$1,764$6$3 / $159.4 s
Price: $3 / $15 per 1M input / output tokens at every effort.Artificial Analysis · as of Nov 5, 2026 (opens in a new tab)

Benchmarked by AA: max · low of 3 available

Where to compare Kimi K3

Independent leaderboards and official resources for comparing this model yourself. Rankings change often; each site shows its own current data.

Why Kimi K3 matters for businesses

API pricing is $0.30 per 1M cache-hit input tokens, $3.00 cache-miss input, and $15.00 output. Artificial Analysis measured about 39 output tokens per second and now recommends the newer Kimi K3.1 Pro. For self-hosting, the custom license terms should be reviewed before commercial use.

Sources for this story

  1. Official
  2. Kimi K3 (opens in a new tab)

    Moonshot AI (Kimi blog) · kimi.com

    Official
  3. Kimi K3 model card (opens in a new tab)

    Moonshot AI on Hugging Face · huggingface.co

    Official
  4. Kimi K3 model analysis (opens in a new tab)

    Artificial Analysis · artificialanalysis.ai

    Benchmark

Last verified: . IA Compa summarizes public announcements for business readers. We are not affiliated with the companies mentioned. Always confirm details, pricing, and availability with the official source.

  • #llm
  • #moonshot
  • #kimi
  • #open-weights
  • #long-context

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