Late at night on the 27th, Kimi officially released the Kimi K3 model weights, a technical report, and simultaneously open-sourced three key infrastructure technologies.

Once the Kimi K3 model was open-sourced, global capital markets reacted sharply. Wall Street analysts estimated that the combined valuation expectations for OpenAI and Anthropic therefore evaporated by about $314 billion, and Nvidia’s single-day market value also dropped by $111.1 billion. Bloomberg praised that Kimi K3 “is stirring up the global technology market.”