Just wanna scroll the news? Take the pill 💊
AI

Moonshot AI Launches Kimi K3, Outperforming Competitors in Key Benchmarks

On July 16, 2026, Moonshot AI released Kimi K3, a 2.8-trillion-parameter AI model that surpassed Claude Fable 5 in significant benchmarks, according to Decrypt. K3 is priced similarly to its competitors and is set to become the largest freely available AI model in history with full model weights available by July 27.

2 hours ago·2 min readBeginner·Reported by Jose Antonio Lanz·via Decrypt
Moonshot AI Launches Kimi K3, Outperforming Competitors in Key Benchmarks

Moonshot AI has unveiled Kimi K3, a new 2.8-trillion-parameter AI model, which launched on July 16, 2026. This model claims to outperform notable competitors, specifically the Claude Fable 5, in key specialized benchmarks. K3 is priced at $3 per million input tokens and $15 per million output tokens, aligning with the pricing of Claude Sonnet 5.

Kimi K3 achieved a ranking of 2,840 in the Towards AI’s Writing Elo benchmark, a scoring system based on blind evaluations of written scripts. This score exceeds that of Fable 5, which scored a maximum of 2,760. According to Louis-François Bouchard, Kimi K3 has jumped from 21st to 1st place in the ranking, demonstrating significant improvement over its predecessor, Kimi K2.6.

Moreover, K3 has captured the top position on Arena AI's Frontend Code Leaderboard, where it achieved 1,679 points, surpassing Fable 5's 1,631. This accomplishment positions K3 as a strong contender in frontend code generation, ranking first in six out of seven domains including Brand & Marketing and Data & Analytics.

Additionally, the Artificial Analysis Intelligence Index, which evaluates AI capabilities across various tasks, rated K3 at 57, compared to Fable 5 at 60 and GPT-5.6 Sol at 59. This indicates K3's competitive standing in terms of overall capability, being the third-most capable among its peers.

The full model weights for Kimi K3 will be released under a modified MIT license by July 27, allowing others to run, fine-tune, or build upon the model. The release of such a substantial open-source AI model reflects an ongoing trend towards making advanced AI technologies more accessible to developers.

As AI continues to evolve, observers will be keen to monitor Kimi K3's performance in upcoming benchmarks and its adoption by developers and companies in the field. Furthermore, the implications of its release on the competitive landscape among AI development projects will be significant to watch.

Summary based on original reporting by Jose Antonio Lanz at Decrypt, originally published Jul 17, 2026. SolanaWire does not republish source content.

Read the original Source reliability: 73/100
Share:PostLinkedIn

More on this topic

Galaxy Signs $70M Naming Rights Deal with Texas Tech for Stadium
AI

Galaxy Signs $70M Naming Rights Deal with Texas Tech for Stadium

Texas Tech University has secured a $70 million, 15-year naming rights agreement with Galaxy Digital to rename its football stadium to Galaxy Stadium. This partnership positions Galaxy as the official digital assets partner of Texas Tech Athletics, expanding its footprint in Texas with a focus on infrastructure for AI and high-performance computing, according to Decrypt.

2 hours ago·Decrypt·Reported by Jose Antonio Lanz

Cardano Transfers Core Development to External Teams
Ecosystem

Cardano Transfers Core Development to External Teams

On July 17, 2026, CoinDesk reported that Cardano's developer Input Output plans to hand over control of crucial components, including the Haskell node and Plutus platform, to outside teams starting in August. This move aims to decentralize development and comes amid declining network activity and a significant drop in the price of its ADA token.

3 hours ago·CoinDesk·Reported by Olivier Acuna

Robinhood Aims to Onboard 10 Million Users to Decentralized Finance
DeFi

Robinhood Aims to Onboard 10 Million Users to Decentralized Finance

Robinhood targets onboarding 10 million active users to its new blockchain for decentralized finance, emphasizing tokenization of real-world assets. However, initial data shows user activity is heavily focused on speculative memecoins, raising questions about the platform's broader vision, according to CoinDesk.

4 hours ago·CoinDesk·Reported by Oliver Knight

SBI Group Expands Digital Asset Reach with Coinhako Acquisition
Solana

SBI Group Expands Digital Asset Reach with Coinhako Acquisition

SBI Group has acquired a majority stake in Singapore-based crypto platform Coinhako to expand its digital asset initiatives across Asia, according to CoinDesk. This acquisition forms part of SBI's strategy to connect global exchanges and tokenize assets, supported by partnerships with Ondo Finance and the Solana Foundation.

5 hours ago·CoinDesk·Reported by Olivier Acuna

Trending this week

Polymarket Traders Reduce Odds of Clarity Act Passing as Senate Delays
Regulation

Polymarket Traders Reduce Odds of Clarity Act Passing as Senate Delays

Traders on Polymarket have cut the likelihood of the Clarity Act passing in 2026 to 32%, a significant decline since the market's initiation. This change reflects ongoing Senate negotiations that remain stalled over ethics provisions, according to CoinDesk.

1 hour ago·CoinDesk·Reported by Helene Braun

Stripe and Swift Compete for Control of Digital Payments Infrastructure
Ecosystem

Stripe and Swift Compete for Control of Digital Payments Infrastructure

Stripe and Swift are making significant moves to shape the future of digital payments, according to CoinDesk. Stripe’s $53 billion bid for PayPal and Swift's expansion of its blockchain-based settlement network indicate a competition over payment infrastructure, with a focus on stablecoins and consumer access.

2 hours ago·CoinDesk·Reported by Olivier Acuna

Three Men Sentenced for $5.3M Crypto Fraud in UK
Regulation

Three Men Sentenced for $5.3M Crypto Fraud in UK

Three men in the UK have been sentenced for a cryptocurrency fraud scheme totaling £4 million ($5.3 million), where they impersonated police officers to deceive victims. The Metropolitan Police detailed how the gang used fake websites and laundering networks to acquire and spend the stolen funds, as reported by Decrypt.

5 hours ago·Decrypt·Reported by Decrypt Agent

Bitcoin Faces Headwinds as China's Kimi Tops AI Benchmark
Markets

Bitcoin Faces Headwinds as China's Kimi Tops AI Benchmark

Bitcoin and other major cryptocurrencies fell following the release of Moonshot AI's Kimi K3, an open-source coding model that surpassed offerings from Anthropic and OpenAI. As reported by CoinDesk, this development impacts Bitcoin's price, aligning it more closely with trends in semiconductor stocks and AI infrastructure sentiment.

6 hours ago·CoinDesk·Reported by Shaurya Malwa