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8 stories · 5 issues · daily Kimi news timeline


Financing and transaction coverage

Dates are our publication dates. Announcements and talks are not closing; different reports may concern the same transaction.

  1. · Moonshot AI · $3.5 billion · Financing (round not disclosed) · Reported

Kimi model and product milestones

Dates below are our coverage dates, which can differ from announcement dates. Company statements, third-party adoption and reported negotiations are labeled separately. Earlier coverage is available in Chinese where no English edition exists.

  1. K2.7-Code release

    Moonshot said it used about 30% fewer reasoning tokens than K2.6; this is the company’s claim.

    Read Chinese coverage ↗
  2. K3 debut

    The 2.8 trillion-parameter model debuted. Total parameter count alone does not establish deployment cost.

    Read Chinese coverage ↗
  3. Model weights and technical report

    Moonshot released the weights and report. The license is not an unconditional commercial-use grant.

    Read Chinese coverage ↗
  4. Harvey builds Tenet on K3

    The legal AI company said it post-trained K3 for Tenet, an enterprise deployment example.

    Read coverage ↗
  5. Cloud-hosting talks reported

    Reuters reported revenue-sharing discussions with three cloud providers; no signed agreement was reported then.

    Read coverage ↗
  6. Kimi Code Desktop covered

    The coding-agent desktop workspace expands the product. Official notes date its release to September 17.

    Read coverage ↗
#Kimi timeline · newest first
Thu, Oct 1
Baseten lets enterprises use Kimi K3 inside Codex, billed against their OpenAI commitments
Buying AI increasingly looks like ordering from one account, and whoever controls the checkout decides which models reach the table, even a rival's dish.
Alibaba's ModelScope and OSChina's MoArk vie to become China's Hugging Face
Open models are free; the fight is over where developers first download them, because that's often where they first pay for compute.
Fri, Sep 25
Moonshot’s Kimi K3.1 is tipped for October, but the company has not confirmed a launch
More model modes do not automatically create more value; an upgrade must help the same job get done better, faster or at lower cost.
Fri, Sep 18
Kimi launches a finance suite with nine skills, more than 10 data plugins and managed enterprise agents
With Kimi's finance tools spread across several surfaces, competition shifts to licensed data and auditable delivery.
Chinese models reportedly reached 46% of U.S. OpenRouter weekly usage at one point, as open distribution expands reach
Chinese models' overseas reach is visible in token volume, but usage share and revenue share remain different measures.
Sat, Sep 12
Moonshot AI Reportedly Tops $1 Billion in August ARR as Kimi K3 Drives a More Than Threefold Increase
Kimi K3 has lifted Moonshot's revenue velocity; its next valuation depends more on retention and inference margins than on the steepness of an ARR curve.
Wed, Aug 26
OpenAI Reveals First Benchmarks for In-House Inference Chip Jalapeño — Per-Watt Performance Beats Nvidia GB300
A first-gen ASIC beating a current flagship GPU isn't a process-node win — it's the ability to put models, compilers, and silicon into the same iteration cycle.
Legal AI Firm Harvey Post-Trains Proprietary Model Tenet on Moonshot AI's Kimi K3
The decisive factor for open-weight models isn't the benchmark leaderboard — it's whether anyone is willing to put their core product on top of them.
// related topics — frequently covered alongside #Kimi