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Moonshot AI released Kimi K3, a 2.8-trillion-parameter open-weight model, in mid-July. The Kimi K3 API costs $3 per million input tokens and $15 per million output, versus Claude Fable 5 at $10 and $50. Kimi K3 is one-third the cost but 4x slower than Fable 5.
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Summary by ByteBrief
Microsoft Tests China's Kimi K3 AI Model