Moonshot AI has released Kimi K3, a new flagship model boasting 2.8 trillion parameters and the ability to process up to 1 million tokens. This advanced model is priced at $3 for input and $15 for output per million tokens, positioning it at frontier rates comparable to models like GPT-5.6 Terra and more expensive than Claude Sonnet 5's promotional pricing. The pricing suggests Moonshot AI is not prioritizing market share through low costs, but rather competing on performance, challenging the notion that Chinese AI labs will solely commoditize inference. AI
IMPACT Sets new frontier pricing benchmarks, challenging assumptions about commoditized AI inference from Chinese labs.
RANK_REASON Frontier-lab model release with system card. [lever_c_demoted from frontier_release: ic=2 ai=1.0]
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