Topics
Latest
AI
Amazon
Apps
Biotech & Health
Climate
Cloud Computing
Commerce
Crypto
Enterprise
EVs
Fintech
Fundraising
Gadgets
Gaming
Government & Policy
Hardware
Layoffs
Media & Entertainment
Meta
Microsoft
Privacy
Robotics
Security
Social
Space
Startups
TikTok
Transportation
Venture
More from TechCrunch
Staff
Events
Startup Battlefield
StrictlyVC
Newsletters
Podcasts
Videos
Partner Content
TechCrunch Brand Studio
Crunchboard
Contact Us
Posted:
Raul Ariano/Bloomberg (opens in a new window)
Dominic-Madori Davis
Moonshot’s upcoming Kimi 3 is expected to close the gap with Anthropic’s Opus 4.8
The latest iteration of Chinese AI lab Moonshot AI’s Kimi model series is expected to perform at par with or even surpass Anthropic’s Opus 4.8, Financial Times reported, citing anonymous sources.
Moonshot’s Kimi K2 models have been received well in the open source AI market, ranking high on benchmarks and demonstrating capabilities that aren’t too far behind the latest frontier models.
The company’s upcoming release, called Kimi K3, is said to take this one step further to close the gap with closed-source models from the likes of OpenAI and Anthropic. FT reports Kimi K3 will be the largest open-weight AI model from China, with a parameter count between 2 trillion and 3 trillion, and will be released “in the coming days.”
Moonshot is also said to be raising fresh capital in a round that would valuate it at $31.5 billion. The company in May raised $2 billion at a $20 billion valuation.
$2 billion at a $20 billion valuation
The news comes amid a fresh debate on the value of paying AI labs like OpenAI and Anthropic for their expensive, closed-source models. Industry leaders fear that AI labs will somehow manage to extract the data their clients submit for use with their AI products like ChatGPT and Claude.
Executives are pitching their own products as alternatives, or recommending companies take cheaper open source models, like those developed by DeepSeek, Z.ai, or Moonshot, and train them for their own purposes.
Topics
Last chance to save up to $190 on TechCrunch Founder Summit. Join 1,000+ founders and VCs at all stages for real-world scaling insights and connections that move the needle.Savings end June 26, 11:59 p.m. PT.
Newsletters
Subscribe for the industry’s biggest tech news
Every weekday and Sunday, you can get the best of TechCrunch’s coverage.
TechCrunch Mobility is your destination for transportation news and insight.
Startups are the core of TechCrunch, so get our best coverage delivered weekly.
Provides movers and shakers with the info they need to start their day.
By submitting your email, you agree to our Terms and Privacy Notice.
Related
AI
Microsoft is reportedly training salespeople to talk down OpenAI and Anthropic
Lucas Ropek
20 hours ago
Microsoft is reportedly training salespeople to talk down OpenAI and Anthropic
Microsoft is reportedly training salespeople to talk down OpenAI and Anthropic
Lucas Ropek
AI
Anthropic, Blackstone bet the next trillion-dollar AI business is implementation, not just models
Rebecca Bellan
1 day ago
Anthropic, Blackstone bet the next trillion-dollar AI business is implementation, not just models
Anthropic, Blackstone bet the next trillion-dollar AI business is implementation, not just models
Rebecca Bellan
AI
Anthropic’s newest ad is creeping people out
Lucas Ropek
2 days ago
Anthropic’s newest ad is creeping people out
Anthropic’s newest ad is creeping people out
Lucas Ropek
Latest in AI
AI
Google Vids now lets you star in your own AI videos
Sarah Perez
1 hour ago
Google Vids now lets you star in your own AI videos
Google Vids now lets you star in your own AI videos
Sarah Perez
Gaming
Roblox launches an AI-powered game-creation feature in its mobile app
Lauren Forristal
1 hour ago
Roblox launches an AI-powered game-creation feature in its mobile app
Roblox launches an AI-powered game-creation feature in its mobile app
Lauren Forristal
Startups
The founder who left Google and secured a $300M pre-seed valuation in months
Maggie Nye
Isabelle Johannessen
4 hours ago
34 min
The founder who left Google and secured a $300M pre-seed valuation in months
The founder who left Google and secured a $300M pre-seed valuation in months
Maggie Nye
Isabelle Johannessen