Alibaba-backed Chinese artificial intelligence startup Moonshot just unveiled its latest model, Kimi K3, and it’s already sending shockwaves through the industry, with some benchmarks showing the model outperforming Anthropic and OpenAI’s best offerings. The model packs 2.8 trillion parameters, which Moonshot says would make it the largest open-weight model released to date once its weights become available by July 27. In a blog post, the company acknowledged that K3’s overall performance still trails Claude Fable 5 and GPT-5.6 Sol. Its internal evaluations nevertheless place it close to both models on several tasks, while independent testing by Artificial Analysis ranks it…