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Kimi-maker Moonshot AI targets $2 billion in annual revenue

Moonshot AI targets $2 billion annualized revenue by year-end on K3 open-weight demand; Anthropic alleges Kimi routed ~300,000 requests to Claude Opus.

Bloomberg reported that Moonshot AI is targeting $2 billion in annualized revenue by the end of 2026, double its August run rate, driven by its open-weight K3 model. OpenRouter data shows up to 300 billion tokens generated per day by K3 models, though usage has slipped slightly in recent months. Moonshot's projection remains far below reported figures for OpenAI ($40B) and Anthropic ($65B), with lower margins due to freely available weights. Anthropic this week alleged Kimi routed nearly 300,000 requests to Claude Opus and collected more than 23 million responses for use in Moonshot's training.

TechCrunch · AI · 5d agoAI industry

Moonshot serves Claude instead of Kimi and collects exchanges for model training

Moonshot AI reportedly served users Anthropic's Claude instead of its own Kimi model and collected the exchanges for model training.

A Hacker News post claims Moonshot AI served user requests with Anthropic's Claude rather than its in-house Kimi model, and stored those exchanges to train future models. The item is a social media link with no technical details, drawing 42 points and 31 comments. No confirmation from Moonshot or Anthropic is included in the source text.

Hacker News · AIupdated · 20h agofirst · 6d agoAI industry 20 sourcesHN 42↑ · 31 comments1

Exclusive: Paying for frontier AI models buys 4-month head start at 5x the cost

Mozilla report finds the capability gap between best open-weights (largely Chinese) and closed frontier AI models narrowed to 4.4 months at ~5x lower cost.

Mozilla's State of Open Source AI report (September 15) says the gap between closed frontier models and best open-weights models has closed to 4.4 months. Moonshot AI's Kimi K3 scores three points behind Anthropic's Fable 5 on the Artificial Analysis Intelligence Index at 30% of the cost, and Z.ai's GLM 5.2 scored within a point of Claude Opus 4.7 on Terminal-Bench 2.1. Eight of the top 10 OpenRouter models by August 2026 token volume provide open weights, though a Linux Foundation paper found open models earned only 4% of revenue. The report recommends open models as the default for routine workloads, reserving closed models for 8-12 hour expert tasks.

Ars Technica · AI · 2d agoAI industry1

[AINews] Fal’s H3 Max Live breaks the infinite videogen barrier

Fal post-trained MiniMax H3 into a 'Max' variant with 35x-faster inference, enabling faster-than-realtime AI video generation and infinite streams.

Fal post-trained MiniMax's H3 model into a 'Max' variant and optimized it for its in-house inference engine, achieving roughly 35x the speed of the official endpoint. The optimization enables faster-than-realtime video generation, demonstrated by an infinite interactive AI-generated stream productized by levels.io. The roundup also notes Meta Muse Code's general availability with an SDK, open DeepSeek-V4-Flash-Vision-Exp weights, GLM-5.3-Flash's strong agentic cost/performance rankings, and Tencent's 770B-parameter Hy4 Preview MoE with 49B active parameters.

Latent Space · 16d agoAI industry