Kimi K3

Moonshot's next-generation flagship: a 2.8T-parameter Stable LatentMoE (16 of 896 experts active) built on Kimi Delta Attention (from Kimi Linear) and Attention Residuals, with Gated MLA, native vision, and a 1M-token context window — the architectural leap the K2 line (1T/32B) built toward. Runs at max thinking effort by default with low- and high-effort modes. AA Intelligence Index 57 (v4.1) — #4 overall at release, the highest-scoring Chinese model and above Grok 4.5 (54), though AA flags verbosity (~2× median output tokens) and slow serving. Moonshot positions it as trailing only Claude Fable 5 and GPT-5.6 Sol. $0.30/$3/$15 per MTok (cache-hit/miss/output); live on Kimi.com, Kimi Work, Kimi Code, and the API at launch, with full weights committed by July 27, 2026 — proprietary until then.