Moonshot AI
The lab behind Kimi K3, the most capable open-weight model, with 1M context.
- Founded
- 2023
- Example models
- Kimi K3, Kimi K2.6
By The Subconscious Team · Updated
What is Moonshot AI?
Moonshot AI is the Beijing lab behind the Kimi models. Its flagship Kimi K3 launched July 16, 2026 as a 2.8 trillion parameter mixture-of-experts model that activates 16 of 896 experts per token, with native vision and a 1M token context. It is the first open model in the 3T class, and full weights landed on Hugging Face on July 27. The hosted API costs $3 in and $15 out per million tokens, with cached input at $0.30, and it runs through an OpenAI-compatible endpoint, Kimi Code in the terminal, OpenRouter and Cloudflare Workers AI.
Independent testers mostly confirmed Moonshot's claims. Vals AI scored K3 at 93.4% on SWE-bench Verified with a neutral harness, fourth overall behind Claude Opus 5, GPT-5.6 Sol and Claude Fable 5. Artificial Analysis placed it third on its Intelligence Index. The catch is speed and verbosity: it always thinks, and it runs around 33 tokens per second. Demand overran Moonshot's GPUs within days of launch, and new API subscriptions paused on July 19 before reopening in batches. The cheaper Kimi K2.6 remains available at $0.95 in and $4 out.
Moonshot AI pros, cons and use cases
Upsides
- Most capable open-weight model, near closed frontier coding scores at a lower price.
- Very large context and strong cache discounts for repo-scale agents.
Core use cases
- Long-horizon coding on huge repositories.
- Document-heavy research and visual agent work that needs 1M context.
Downsides
- Slow and verbose, and self-hosting takes a 64+ accelerator cluster.
- The custom license adds a commercial agreement above $20M in hosting revenue and a branding clause at large scale.
Moonshot AI alternatives compared
Pick any row for the full head-to-head.
| Provider | Model access | Flagship models | Speed | Price | Customization | Deployment | Long context | Compare |
|---|---|---|---|---|---|---|---|---|
| Open weights, custom license | Kimi K3, Kimi K2.6 | ~33 tok/s on Kimi K3 | $3 in, $15 out (Kimi K3) | Open weights to fine-tune | API, Kimi Code, OpenRouter | 1M | ||
| Open weights | GLM 5.3, DeepSeek V4.1 Flash | 2x faster task completion | 50–80% lower cost; billed on processed tokens | Marathon post-trained variants | Managed API, dedicated, on-prem | 5M+ effective context | Compare | |
| Closed, plus open gpt-oss | GPT-6 Astra, GPT-5.6 Sol, Terra, Luna | Fast mode: up to 2.5x at 2x price | $0.20–$10 in, $1.20–$50 out per 1M | N/A | API, Azure OpenAI, Bedrock | 1.05M; 2x input past 272K | Compare | |
| Closed | Claude Fable 5.1, Opus, Sonnet, Haiku 4.5 | Fable is the slowest tier | $1–$10 in, $5–$50 out per 1M | N/A | API, Bedrock, Vertex AI, Microsoft Foundry | 1M, no surcharge past 200K | Compare | |
| Closed and open, 200+ models | Gemini 3.8 Flash, Claude, Gemma | Flash tier built for low latency | Gemini 3.8 Flash $0.75 in, $3.75 out | Custom training on GPUs or TPUs | Managed on Google Cloud | 1M on Gemini 3.8 Flash | Compare | |
| Closed and open, 100+ models | Claude, GPT-6 Astra, Nova, DeepSeek | Latency-optimized option on some models | ~20–35% above direct; Claude at parity | Fine-tuning, Custom Model Import | Managed on AWS, AgentCore | Varies by model | Compare | |
| Open weights | Kimi K3, DeepSeek V4, GLM 5.2, Qwen 3.8 | 0.99s TTFT on DeepSeek V4 Pro | Parity with Fireworks and Baseten | LoRA and full SFT; RL in beta | Serverless, dedicated, GPU clusters | 512K on DeepSeek V4 Pro | Compare | |
| Open weights | DeepSeek V4 Pro, Kimi K3 | 167–174 tok/s on DeepSeek V4 Pro | Fine-tunes served at base price | SFT, DPO, RFT; Training API | Serverless, dedicated GPUs | Full 1M on DeepSeek V4 Pro | Compare | |
| Open weights, 13 curated | GLM 5.2, DeepSeek V4, Kimi K3, gpt-oss 120B | 0.49s TTFT, lowest measured | H100 about $6.50/hr dedicated | Deploy any model with Truss | Model APIs, dedicated, self-host | Varies by model | Compare | |
| Open weights | GPT-OSS 120B, Qwen 3.6 27B | 500–1,000 tok/s | Near the floor on small models | No fine-tuned model hosting | GroqCloud API | Around 131K max | Compare | |
| Open weights | GPT-OSS 120B, Gemma 4 31B | ~3,000 tok/s on GPT-OSS 120B | $0.35 in, $0.75 out (GPT-OSS 120B) | Unknown | Shared API, dedicated, partners | Unknown | Compare | |
| Open weights | DeepSeek V4 Flash, Llama 3.1 8B | ~33 tok/s on DeepSeek V4 Pro (FP4) | From $0.02 per 1M | No managed fine-tuning | Shared API, no contracts | 66K on FP4 DeepSeek V4 Pro | Compare | |
| Bring your own weights | None hosted | ~1s container boot | Per second; H100 $3.95/hr list | Run any training code | Serverless GPU containers | Depends on the model you deploy | Compare | |
| Closed | Grok 4.6, Grok 4.20, grok-build | ~54 tok/s on Grok 4.6 | $2 in, $6 out (Grok 4.6); 2x past 200K | Unknown | First-party API | 500K (4.6), 1M (4.20, 4.3) | Compare | |
| Open weights (MIT) | DeepSeek V4.1 Flash, V4 Pro | ~35 tok/s on V4 Pro | Off-peak hours at half price | Open weights to fine-tune | First-party API, Hugging Face weights | 1M, 384K max output | Compare | |
| Open weights (MIT) | GLM-5.3, GLM-5.3-Flash | ~80 tok/s on GLM-5.3 | $1.40 in, $4.40 out (GLM-5.3); free Flash tier | Open weights, no license limits | API, GLM Coding Plan | 1M (GLM-5.3) | Compare | |
| Closed Max; open smaller Qwen | Qwen 3.8-Max, Qwen 3.7-Max | ~40 tok/s on Qwen 3.8-Max | $2 in, $6 out international | No fine-tuning on Max | Model Studio on Alibaba Cloud | 1M (Qwen 3.8-Max) | Compare | |
| Closed API; open Muse Glimmer | Muse Spark 1.3, Muse Glimmer | ~145–233 tok/s on Muse Spark 1.3 | $1.25 in, $4.25 out; Contributor tier cheaper | Open Muse Glimmer weights to fine-tune | Meta Model API (preview) | 1M | Compare | |
| Open weights | MiniMax M2.7, GPT-OSS 120B, DeepSeek | ~820 tok/s on MiniMax M2.7 (SN50) | $0.22 in, $0.59 out (GPT-OSS 120B) | Unknown | SambaCloud, racks for neoclouds | Up to 192K (MiniMax M2.7) | Compare | |
| Open weights, 60+ models | DeepSeek, Qwen, GLM, Kimi, GPT-OSS | Among top hosts on throughput | From $0.06 per 1M input | Serve uploaded fine-tunes | Token Factory, dedicated, raw GPUs | Varies by model | Compare | |
| Hosted media models | FLUX, Kling, Seedream | Cold starts on less popular endpoints | Per image, per video second, GPU time | LoRA training endpoints | Hosted API, serverless GPUs | Not applicable | Compare | |
| Open weights | DeepSeek V4 Pro, Gemma 4 | ~36 tok/s on DeepSeek V4 Pro | From $0.02 per 1M; batch 50% off | Hot-swappable LoRA adapters | Serverless, GPU cloud, dedicated | Full 1M on DeepSeek V4 Pro | Compare | |
| Any Hugging Face model | GTE-Qwen2, Qwen3-VL-8B-Instruct | 600ms p99 real-time budget | Per-parameter rates; batch 50% off | Private Hugging Face repos | Serverless, elastic, dedicated, batch | Varies by model | Compare | |
| Open, closed and custom | Customer fine-tunes | Batch windows of 24h to 7 days | Discounted spare GPU capacity | Distill traces into custom models | Batch API, gateway, dedicated GPUs | Varies by model | Compare | |
| Open and third-party models | GLM-4.7-Flash, Google Veo | Near bare-metal performance | $0.07 in, $0.40 out (GLM-4.7-Flash) | Unknown | Shared, autoscaling, reserved GPUs | Varies by model | Compare | |
| Open weights | Kimi K2.6, GLM-5, GPT-OSS 120B | Minutes per turn by design | 30–80% off by completion window | Customer LoRA fine-tunes | API plus Sailboxes | Varies by model | Compare | |
| Specialist models | morph-v3-fast, morph-v3-large | 10,500+ tok/s Fast Apply | ~40% fewer tokens than full rewrites | Fine-tuning offered | OpenAI-compatible API | Unknown | Compare | |
| Specialist models | relace-apply-3, agentic search | ~10,000 tok/s apply | 3x+ cheaper than full rewrites | Unknown | Hosted API or self-hosted | 128K max | Compare | |
| Decision models | Jev, jev-1.13 | ~100ms per call | A fraction of an LLM call | Unknown | Early-access API | Unknown | Compare | |
| Open (Apache 2.0) and API models | Step 3.7 Flash, Step3 | ~128 tok/s on Step 3.7 Flash | $0.20 in, $1.15 out (Step 3.7 Flash) | Open weights to fine-tune | First-party API, OpenRouter | 256K | Compare | |
| Hosted media models | Seedance 2.5, Qwen-Image-3.0 | Unknown | Images from fractions of a cent | Fine-tuned diffusion checkpoints | Unified API, raw GPUs | Not applicable | Compare | |
| Proprietary coding models | KAT-Coder-Pro V2.5, KAT-Coder-Air | Unknown | Per token or KwaiKAT Coding Plan | Unknown | MaaS API, bare metal | Unknown | Compare | |
| Open weights | Qwen 3.5 397B Turbo, GLM 5.1 Turbo | 2–2.8x vs stock vLLM or SGLang | Wafer Pass from $10 a week | Agent-tuned dedicated deployments | Serverless pass, dedicated | Varies by model | Compare | |
| Open weights | Nemotron 3.5 Lightning 30B, Qwen 3.8 27B | Cold starts under 2s | Coding plans from $10 a month | Uploads up to 50 GB; auto-quantization | Model APIs, agent-built endpoints | Varies by model | Compare | |
| Open weights | DeepSeek V4.1 Flash, GLM 5.3 Flash | ~157 tok/s on DeepSeek V4.1 Flash | $0.10 in, $0.40 out (GLM 5.3 Flash) | Unknown | Via Vercel AI Gateway | 1M | Compare |
Frequently asked questions
What is Moonshot AI?
Moonshot AI is the Beijing lab behind the Kimi models. Its flagship Kimi K3 launched July 16, 2026 as a 2.8 trillion parameter mixture-of-experts model that activates 16 of 896 experts per token, with native vision and a 1M token context. It is the first open model in the 3T class, and full weights landed on Hugging Face on July 27. The hosted API costs $3 in and $15 out per million tokens, with cached input at $0.30, and it runs through an OpenAI-compatible endpoint, Kimi Code in the terminal, OpenRouter and Cloudflare Workers AI.
What is Moonshot AI best for?
Long-horizon coding on huge repositories; Document-heavy research and visual agent work that needs 1M context.
How much does Moonshot AI cost?
Moonshot AI pricing at a glance: $3 in, $15 out (Kimi K3). Rates change often, so check Moonshot AI's pricing page before committing.
How much context does Moonshot AI support?
Moonshot AI's long-context support: 1M.
What are the downsides of Moonshot AI?
Slow and verbose, and self-hosting takes a 64+ accelerator cluster; The custom license adds a commercial agreement above $20M in hosting revenue and a branding clause at large scale.
What are the best alternatives to Moonshot AI?
Common alternatives include Subconscious, OpenAI, Anthropic, Google Vertex AI, Amazon Bedrock. Each has a head-to-head comparison with Moonshot AI on this site.
Sources: Kimi K3 full review, Omniscient, Kimi K3 guide, WhatLLM, Kimi K3 open weights, Nerova. Pricing and model lineups change often; figures are a snapshot.