For about two years, the working assumption on Wall Street was that frontier AI was an American duopoly with a comfortable lead. On July 16, a two-year-old startup in Beijing reminded everyone that the race is, at minimum, a two-horse one. Moonshot AI released Kimi K3, a 2.8-trillion-parameter open-weight model — the largest the open-source ...

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Link :
https://www.nextbigfuture.com/2026/07/kimi-k3-and-global-ai-impact.html