Treasury Secretary Scott Bessent warned the U.S. government could sanction Chinese AI companies after White House officials accused Moonshot of distilling Anthropic’s Fable model to develop Kimi K3.
Moonshot’s 2.8-trillion-parameter Kimi K3 comes close to Fable 5 and GPT 5.6 Sol in several benchmarks, while remaining open weight.
The FT reports Kimi K3 will be the largest open AI model from China, with a parameter count between 2 trillion and 3 trillion.