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Kimi K3 used 28 trillion parameters and 40% of the cost to beat GPT-5.5 and Opus 4.8 on programming benchmark scores—and it’s also planning to be open-sourced.
The so-called claim that “China’s AI is behind by a year and a half” got slapped in the face this week. The real moat has never been model parameters—it’s cash flow and data: watch who can’t keep burning money first.