Every published Top AI Stories item tagged with Kimi, newest first.
Bloomberg reports the Kimi maker hit a one billion dollar annualized run rate in August and is aiming at two billion by year end, with its K3 models generating as many as three hundred billion tokens a day on OpenRouter. That is still small against OpenAI at forty billion dollars and Anthropic at sixty-five billion. The figures landed a day after Anthropic accused Moonshot of silently routing its own customers' requests to Claude and keeping the transcripts.
Moonshot AI released Kimi K3, a mixture-of-experts (MoE) model with 2.8 trillion total parameters, a one-million-token context window and native vision, activating 16 of 896 experts per token. It beats Claude Opus 4.8 on several coding benchmarks — 88.3 versus 84.6 on Terminal Bench — while Moonshot concedes it still trails Claude Fable 5 and GPT-5.6 Sol overall, and names user experience as the remaining gap. Full weights arrive by July 27, and the company is reportedly raising at a $31.5 billion valuation, up from $20 billion in May.
GitHub started rolling out Moonshot AI's Kimi K2.7 Code — an open-weight model from the Chinese lab — inside GitHub Copilot for Pro, Pro+, and Max subscribers, with business and enterprise plans to follow. GitHub hosts the model on Microsoft Azure and bills it by usage. It is a notable sign of Chinese open models reaching the West's most widely used coding assistant, though enterprise admins must switch it on manually before their teams can pick it.
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.
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.