News linked to both this project and an event.
Moonshot AI will soon release Kimi K3.1, which adds a new "medium" thinking intensity setting, supporting four levels in total: low, high, max, and medium. Additionally, today the official Kimi account released a 24-second video, with the model field at the top left reading: Model: Kimi K3.1.
According to Yonhap News Agency, 17-year-old researcher Chen Guangyu, who previously contributed to the development of Moonshot AI’s Kimi K3 model, has departed. A social media account tracking U.S. AI talent mobility, named "Aper Grok," reported that he has joined Discovery Loop. Chen himself has not publicly confirmed his next destination, while Discovery Loop declined to comment on personal matters. Starting in November 2025, Chen served as a machine learning researcher on the Kimi team, deeply involved in the research and development of the Kimi K3's underlying architecture. On social media, he thanked the company for hiring him at age 16 and stated that he would relocate to the San Francisco Bay Area. Rumors had suggested he might join Anthropic, but he has denied them. Established in August of this year by Jeff Dean and three other former Google researchers, Discovery Loop is dedicated to automating scientific research with AI and has yet to launch any products.
Odaily News — On October 16, B.AI published its weekly token ranking for domestic model brands covering October 9 to 15. Xiaomi's model token usage held steady at No. 2 for the third consecutive week, surging 49.9% week-over-week, with its platform token usage share rising 10.4 percentage points. DeepSeek continued to lead this week with a total of 1.03T tokens. Zhipu grew 44.3% week-over-week, with its platform share increasing 3.7 percentage points, ranking No. 3. Moonshot's token usage skyrocketed 286.5% week-over-week. With multiple models competing side by side, real usage bears witness to market shifts. B.AI continues to expand model options, empowering developers to flexibly access diverse AI capabilities. Log in to b.ai to explore.
Odaily News: MNX, a cryptocurrency exchange built on MegaETH by Manifold Markets, has listed futures contracts that allow investors to trade on the valuations of private AI companies including OpenAI, Anthropic, DeepSeek, and Moonshot.These contracts expire at the end of 2027 and do not charge periodic funding fees, but settlement prices may differ from the prices investors pay when purchasing shares in private companies.MNX allows traders to use up to 3x leverage on their available funds, currently does not serve U.S. customers, and plans to expand into markets related to the broader AI economy. (CoinDesk)
According to the official announcement, Binance will list the MOONSHOTUSDT USDT-M Pre-IPO Perpetual Contract, with Beijing Moonshot Artificial Intelligence Technology Co., Ltd. as the underlying asset, on September 22 at 16:30 (UTC+8). The contract supports up to 20x leverage and 24/7 trading, with funding settlements occurring every 4 hours. If the underlying asset successfully completes its IPO, it will transition to a standard perpetual contract on traditional financial assets; if the listing fails, the contract will be removed.
The B.AI platform announced the official launch of Moonshot AI's latest preview model, Kimi K2.8 Preview, simultaneously making both API and Web Chat access available to developers.
Amazon Bedrock from Amazon AWS recently announced the integration of Moonshot AI's Kimi K3 model, offering a new option for programming workloads. Officially recognized as the first open-source model with a 2.8 trillion parameter scale, Kimi K3 natively supports vision capabilities and features a 1 million Token context window. It is also the first open-weight model on Amazon Bedrock to support explicit prompt caching, helping to reduce latency and input costs.
The Moonshot AI Kimi K2.8 Preview model has been fully deployed to Kimi Code. The Model ID remains kimi-for-coding, enabling clients and third-party tools to use it directly without configuration changes. According to the official team, the model's comprehensive performance approaches that of K3, with enhanced coding and agent capabilities, and significantly improved reasoning efficiency compared to K2.7 Code. Kimi K2.8 Preview supports the same thinking effort level adjustments as K3, offering three settings: low, high, and max (defaulting to max). All membership tiers now provide access to a maximum 1M context window.
According to Yonhap News Agency, the LLM Token Expenditure Index released by US market information agency Silicon Data fell to 97 cents per million tokens on August 31, marking a historic low since its establishment at the end of last year, down over 50% from the May high of $2.05. Analysts attribute this downward price trend to several key drivers: the launch of the open-source model "Kimi K3" by Chinese AI firm Moonshot AI, OpenAI's price cut for the ChatGPT-5.6 series in July, and the implementation of dynamic pricing mechanisms by leading vendors. While the decline in token prices helps reduce user costs, it will create revenue pressure for model developers such as OpenAI, Anthropic, and Google. The investment head at Seez Group pointed out that foundational model companies are most directly impacted, recommending a strategic shift toward strengthening distribution channels, memory, and context capabilities to raise user switching costs and defend against competitive erosion from open-source models.
Dubai cryptocurrency exchange Bybit has launched pre-market perpetual contracts linked to Chinese robotics company Unitree and AI startup Moonshot AI. The contracts are denominated and settled in USDT and do not involve ownership of shares in the respective companies. Bybit stated that its traditional finance perpetual contract product lineup has grown to over 200 since its launch in April, covering stocks, ETFs, commodities, indices, and pre-market companies. Unitree received approval from Chinese securities regulators in July to list on the Shanghai STAR Market. RWA.xyz data shows that the distribution value of tokenized stocks has reached $2.38 billion, with 1.31 million holders, a 123.62% increase in the latter over the past 30 days. (Cointelegraph)
Bybit launches Pre-IPO perpetual contracts linked to Chinese robotics company Unitree and AI startup Moonshot AI; its TradFi perpetual product line has expanded to over 200 types.
According to Red Star News, Moonshot AI Kimi issued a statement on August 14, stating that it has reported acts of false financing using the company's name and suspected illegal criminal activities in the market to the public security organs, and will pursue accountability to the fullest extent. The statement explicitly denied the existence of so-called "Friend Fund", "Special Channel", "Old Share Quota", "Reserved Quota", "Official Agent", or "Authorized Intermediary" during the financing process, reminded investors to be aware of risks, and advised that suspicious transactions can be reported to the company's legal department.
Odaily News, official data shows that the cumulative subscription volume for Gate's yield-bearing stable asset GUSD has surpassed $241 million, setting a new all-time high. Users holding GUSD can enjoy an annualized subscription yield of 3.8%, with daily distributions and support for instant deposits and withdrawals. Additionally, GUSD can be utilized in diverse ecosystem scenarios such as Launchpool and Pre-IPOs, further enhancing asset utilization efficiency while maintaining capital liquidity.Currently, Gate Launchpool's DOS staking campaign is underway. The DOS GUSD staking pool offers an estimated annualized yield of 18.04%, and when combined with GUSD's base 3.80% current yield, the total annualized return reaches 21.84%. Furthermore, subscriptions for Phase 3 of Gate Pre-IPOs, featuring Moonshot AI (KIMI), have opened, supporting participation with both USDT and GUSD. Subscribing with GUSD simultaneously enables users to earn the 3.8% current U.S. Treasury yield, combining income generation with innovative asset allocation.
According to official announcements, Odaily reports that Gate Pre-IPOs Phase 3 project Moonshot AI (KIMI) will officially open subscription on August 11 at 15:00 (UTC+8), with the subscription period lasting until August 13 at 15:00 (UTC+8). This phase introduces KIMI asset certificates, which are mirror notes designed based on changes in Moonshot AI's enterprise value. The subscription price ranges from $105 to $115 per share (subject to final pricing), with the project's implied market value at approximately $50 billion.This phase supports subscription in both USDT and GUSD. Users subscribing with GUSD can also enjoy a 3.8% yield on U.S. Treasury bonds. After the subscription ends, KIMI asset certificates will be fully unlocked and distributed on August 17 at 15:00 (UTC+8), with dedicated market trading expected to open approximately one month after distribution is completed.As the countdown to subscription begins, Gate Pre-IPOs continues to expand participation scenarios for AI, RWA, and innovative assets, providing users with more diversified channels for pre-IPO asset participation.
Odaily News: According to official sources, Bybit has listed the MOONSHOTUSDT Pre-IPO perpetual contract, supporting up to 10x leverage.Moonshot AI, a top-tier domestic AI large model company, has officially launched on Bybit's Pre-IPO section. Moonshot AI is the parent company of the well-known AI assistant Kimi, and investors can now participate in pre-listing trading opportunities for this AI unicorn through Bybit.
According to the Financial Times, as Chinese companies continue to narrow the gap with top US artificial intelligence labs, ByteDance is training an AI model whose scale may approach Anthropic's most advanced Mythos system. According to three people familiar with the matter, the Chinese tech giant is currently in the early stages of training a super-large-scale model, with a parameter count potentially reaching the 10 trillion level, approximately three times that of Moonshot AI's Kimi K3 model, the largest released model in China to date.
Odaily News - According to an official announcement, global digital asset trading platform Gate will launch the third phase of Pre-IPOs project subscriptions, focusing on AI enterprise Moonshot AI, offering KIMI asset certificate subscription services.The KIMI asset certificate is a Mirror Note designed based on changes in the enterprise value of Moonshot AI. The subscription period runs from 15:00 on August 11, 2026, to 15:00 on August 13, 2026 (UTC+8), with a subscription price of $105-$115 per share (subject to final pricing results). The project's implied market value is approximately $50 billion, supporting subscription in both USDT and GUSD, with GUSD subscriptions additionally earning a 3.8% yield on demand U.S. Treasury bonds.After the subscription concludes, KIMI asset certificates will be fully unlocked and distributed at 15:00 (UTC+8) on August 17, with dedicated market trading opening approximately one month after distribution. Trading fees on the dedicated market are 0.5% maker fee and 1.5% taker fee. Additionally, this project charges a 5% underwriting service fee. Should excess returns be generated in the future, a 20% performance fee (Carry) will be charged on the profitable portion.The launch of the Moonshot AI (KIMI) project marks an important step in Gate's continued exploration of AI, RWA, and innovative asset service scenarios. Going forward, Gate will continue to expand more diverse asset participation channels, driving further integration between the digital asset ecosystem and traditional financial markets.
Perplexity CEO Aravind Srinivas tweeted that GLM is a severely underrated model, demonstrating performance close to Opus-level at the 700B parameter scale with extremely high operational efficiency. Previously, Moonshot AI just released the open-source model Kimi K3, and industry attention on the GLM series models under Zhipu AI is rising.
Moonshot AI's Kimi K3 model has launched on the Cursor code editor. Some users stated on social media that Cursor's model selection vision and product experience perform the best among all current AI Agents. Kimi K3 was previously released on July 28, with officials stating that it narrowed the gap between open-source and closed-source models to 4 points across multiple benchmark tests. Cursor is a code editing tool integrated with AI capabilities, and this integration of Kimi K3 provides developers with new model options.
Moonshot AI launches open-source model Kimi K3, scoring 57 points on the Artificial Analysis Intelligence Index, becoming the third highest-scoring model, second only to Anthropic's Claude Opus 5 (61 points), Claude Fable 5 (60 points), and OpenAI's GPT-5.6 Sol (59 points). The index shows that the gap between leading closed-source models and open-weight models has narrowed to 4 points, the smallest gap since the release of GLM-5 in February. This signifies that open-source models are rapidly catching up to closed-source models in performance.