Chinese artificial intelligence lab Moonshot AI today announced the imminent release of Kimi K3, its latest large language model, and already, it’s sending shockwaves across the AI industry. That’s not only because it’s believed to be the world’s largest open-source model to date, but because benchmarks show it outperforms the best models from OpenAI Group PBC and Anthropic PBC in some applications. With a staggering 2.8 trillion parameters, Kimi K3 will become the largest open-weight model available once its weights are released to the public on July 27. Moonshot, which is backed by Alibaba Group Holding Ltd., said in a blog post…