Chinese AI company Moonshot has introduced a new open-source large language model called Kimi K3, positioning it as a major step forward in the global artificial intelligence race. The release is drawing attention because the company says the model delivers capabilities close to leading systems from Anthropic and OpenAI.

According to Moonshot, Kimi K3 was trained on 2.8 trillion parameters, the internal weights that help shape how an AI system responds to prompts and questions. If that figure is accurate, the model would rank among the largest AI systems announced so far, underscoring the scale of investment and technical ambition behind the launch.

The debut also adds to signs that Chinese AI developers are narrowing the gap with major US companies. By releasing the model as open source, Moonshot is also taking an approach that could broaden access for researchers, developers and businesses looking to build on advanced AI tools.

The announcement comes as competition in generative AI continues to intensify, with companies racing to improve performance, scale and adoption. Moonshot’s latest model suggests China’s AI sector is pushing more aggressively into the top tier of the industry, where comparisons with OpenAI and Anthropic are becoming increasingly common.