Every published Top AI Stories item tagged with Moonshot AI, newest first.
China's Moonshot AI released Kimi K2.7 Code, a one-trillion-parameter open-weights coding model that the lab says cuts reasoning-token use by about 30 percent while topping its previous K2.6 release on internal coding benchmarks. Moonshot published the full model weights to Hugging Face the same day and priced it well below Western flagships. But practitioners quoted by VentureBeat cautioned that the headline benchmark gains have been hard to reproduce in real-world use — a recurring pattern as open-source labs race to claim coding leadership.
China's Moonshot AI released Kimi Work, a downloadable desktop agent for macOS and Windows that runs on its open-weight Kimi K2.6 model. Unlike a web chatbot, it works directly with local files and drives the user's logged-in browser through an extension, and it can fan a task out across as many as 300 parallel sub-agents. The launch lands a day after Moonshot's reported $2 billion raise, underscoring how fast Chinese labs are shipping agentic products.
Moonshot AI, the maker of the Kimi chatbot, is in early talks to raise as much as $2 billion at a $30 billion valuation — a sevenfold jump from the roughly $4 billion the startup was worth in December. The round, its third in six months, comes as Chinese labs race to keep pace with each other and with Western rivals. Moonshot's annualized revenue passed $200 million in April, and its upgraded Kimi K2.6 model ranks among the most-used models on the OpenRouter distribution platform. The pace shows how fast capital is flowing into China's open-model contenders even as US export controls bite.
The EAGLE Team, vLLM, and TorchSpec released EAGLE 3.1 on May 26, a speculative-decoding update that addresses "attention drift" by adding FC normalization after each target hidden state and feeding post-norm states into subsequent decoding steps. On Moonshot's Kimi K2.6 base model with vLLM, the team reports a 2.03-times per-user throughput speedup at concurrency one and a 1.66-times speedup at concurrency 16 on Nvidia GB200 hardware, plus up to twice the acceptance length in long-context scenarios versus EAGLE 3. The update maintains backward compatibility with existing EAGLE 3 checkpoints.
Cursor released Composer 2.5, an updated coding model built on Moonshot AI's open-source Kimi K2.5 checkpoint and trained with 25-times more synthetic tasks than Composer 2, plus a new sharded-Muon distributed-training setup. Cursor claims "substantial improvement in intelligence and behavior" on long-running tasks and complex instruction-following. Pricing is $0.50 per million input tokens and $2.50 per million output, with a fast variant at $3 and $15. The first week ships with double usage included.
Beijing-based Moonshot AI closed $2 billion led by Meituan's Long-Z Investments arm, with Tsinghua Capital, China Mobile, and CPE Yuanfeng participating. The round nearly doubles Moonshot's valuation from earlier this year and tracks $200 million annualized recurring revenue, as Kimi K2.6 climbed to the second-most-used model on OpenRouter. Coming a day after DeepSeek's reported $45 billion talks, the round signals open-weights labs out of China are emerging as the primary cost-pressure on US frontier vendors.