Kimi K3 Open‑Weight LLM Beats Frontier Models at Half Cost
Chinese lab Moonshot AI just released Kimi K3, a 2.8‑trillion‑parameter open‑weight LLM that outperforms many frontier models while costing half as much per task. Jake Saper of Emergence Capital argues this marks a rapid unbundling of AI model labs, forcing enterprises to rethink where value lies in vertical AI.