Beijing-based startup Moonshot AI has introduced Kimi K3, a new artificial intelligence system the company says is the largest open-source model ever released to the public. The launch puts fresh attention on China’s fast-moving AI sector and adds a major new name to the global race to build more powerful models.

According to the available details, Kimi K3 has 2.8 trillion parameters and includes new features aimed at improving performance. The company also says the model can outperform competing systems in some areas, a claim that is likely to intensify comparisons with other leading AI developers around the world.

The release is also being closely watched by investors, with the model’s debut described as rattling global tech markets. A large open-source launch from a Chinese startup could influence expectations around AI costs, access, and competitive pressure, especially as companies and governments weigh the strategic importance of advanced models.

Kimi K3 arrives at a time when AI development is increasingly tied to broader political tensions. That backdrop makes Moonshot AI’s announcement significant not only as a product launch, but also as a signal of how quickly the international AI landscape continues to change.