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TechCrunch·3 min read·medium

Moonshot’s upcoming Kimi 3 is expected to close the gap with Anthropic’s Opus 4.8

D
Dominic-Madori Davis
Moonshot’s upcoming Kimi 3 is expected to close the gap with Anthropic’s Opus 4.8
AI Summary

Chinese AI lab Moonshot AI is preparing to release its Kimi K3 model, which aims to compete with top-tier models from Anthropic and OpenAI. The company is also reportedly seeking a valuation of $31.5 billion.

Why it matters

The rapid advancement of Chinese AI models challenges the dominance of US-based tech giants and fuels the global debate over open-source versus closed-source AI.

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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, the Financial Times reported , citing anonymous sources.

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