Kimi K3: Moonshot AI's 2.8-Trillion-Parameter Open-Weights Flagship
Key facts · verified Oct 30, 2026
Kimi K3 is a Moonshot AI model released on 16 Jul 2026. Its API price is $3 per million input tokens and $15 per million output tokens ($0.30 cached input). Its context window is 1M tokens. It ranks #19 on LMArena's text leaderboard (Elo 1488, read 2 Nov 2026). Source: platform.kimi.ai.
Moonshot AI's Kimi K3, described on its own blog as its most capable model to date: a 2.8-trillion-parameter model built on Kimi Delta Attention and Attention Residuals, with native vision and a 1M-token context window, designed for long-horizon coding, knowledge work and reasoning. Moonshot states it can sustain long engineering sessions, navigate massive repositories and orchestrate terminal tools.
Key Features
What Kimi K3 is
Kimi K3 is Moonshot AI's flagship model, released on 16 July 2026: 2.8 trillion total parameters, published under the Kimi K3 License as open weights, and self-hostable. Moonshot describe it as a natively multimodal model built on two architectural pieces they name directly — Kimi Delta Attention and Attention Residuals — with native vision and a 1 million token context window, aimed at long-horizon coding, knowledge work and reasoning.
Pricing, and the parts of it that are unusual
Input is $3 per million tokens and output is $15. There is no long-context surcharge: the flat rate holds across the entire 1 million token window, where several competitors charge more once a request passes a threshold. Cached input is $0.30 per million on an automatic context-cache hit, against $3.00 on a miss — a factor of ten. Against that: there is no free tier, no batch discount and no fine-tuning, and Moonshot currently flag their web-search tool as being updated and not recommended for near-term use. Output runs at 37.2 tokens per second with a 56.6 second time to first token.
Benchmarks
On LMArena's text leaderboard Kimi K3 has 1488 Elo (rank 19, max effort); by category, 1540 Elo in Coding (rank 13, max effort), 1499 Elo in Math (rank 21, max effort), 1532 Elo in Expert (rank 12, max effort) and 1463 Elo in Creative Writing (rank 29, max effort). Moonshot's own published figures, which are vendor claims: GPQA Diamond at 93 and a mock AIME at 97. Independently, SimpleBench records 61 and SimpleQA Verified 51.
What Moonshot say it is for
Moonshot's own positioning is autonomous, long-running technical work rather than conversation. They cite chip design, scientific computing, kernel optimisation and compiler development as tasks K3 has been applied to with limited human supervision. They also claim the model edited its own trailer from 56 source clips, a job they estimate at one to two days for an experienced editor. Named integrations include Verdent for agent harnesses and FunPlus for code generation and automated game testing. Availability outside Moonshot's own API runs through Azure AI Foundry (via Fireworks AI) and OpenRouter, alongside self-hosting.
Architecture and API settings
Moonshot's quickstart describes Kimi Delta Attention as a hybrid linear attention mechanism and states that K3 activates 16 of 896 experts through a Stable LatentMoE framework, giving roughly 2.5 times the scaling efficiency of K2. Thinking is always on; reasoning effort is set with the reasoning_effort field to low, high or max, with max the default. max_completion_tokens defaults to 131,072 and can be raised to 1,048,576. Temperature 1.0, top_p 0.95 and the penalties are fixed and should be omitted from requests. Vision input takes base64 or uploaded-file references rather than public image URLs, and video is uploaded through the files API. Multi-turn and tool-call requests must return the complete assistant message, including reasoning content.
Caching and access
Context caching is automatic once a prompt exceeds 256 tokens, with 5-minute and 1-hour cache tiers; a cache write costs $3 per million tokens and a hit $0.30. API access to K3 unlocks after a top-up of at least $1, and cumulative top-ups set the rate-limit tier. Moonshot state the full weights are on Hugging Face under the Kimi K3 License, with a technical report to follow. K3 is available in Kimi on the web, iOS, Android and HarmonyOS, Kimi Work, Kimi Code in terminals and supported IDEs, and the API. Moonshot also report that K3 designed, optimised and verified a chip for a nano model of its own architecture over 48 hours using open-source EDA tools.
Key Takeaways
- 2.8 trillion parameters under the Kimi K3 License — open weights and self-hostable.
- $3 per million input and $15 output, with no long-context surcharge across the full 1M token window.
- Cached input is $0.30 per million against $3.00 on a miss.
- LMArena: 1488 Elo (rank 19, max effort).
- Moonshot report GPQA Diamond 93 and mock AIME 97 as vendor figures; independent SimpleBench records 61.
- Activates 16 of 896 experts; reasoning effort low, high or max (default max), with thinking always on.
Official Resources
Full Specifications
$3 / $15 per million tokens | |
|---|---|
| Identity | |
| Developer | Moonshot AI |
| Released | Jul 2026 |
| Status | GA |
| Licence | Open weights (Kimi K3 License) |
| Self-hostable | Yes |
| Cost | |
| Blended $/1M tokensinput × 0.75 + output × 0.25 | $6.000 / 1M tokens |
| Input price | $3.000 / 1M tokens |
| Output price | $15.000 / 1M tokens |
| Cached input | $0.30 / 1M tokens (automatic context-cache hit; $3.00 on a cache miss) |
| Batch discount | Not offered |
| Free tier | Not offered |
| Capacity | |
| Context window | 1M tokens |
| Max output | 128k tokens (default; max_completion_tokens configurable up to 1M) |
| Long-context surcharge | None (flat rate across the 1M window) |
| Capability | |
| Vision in | Yes |
| Audio in | No |
| Function calling | Yes |
| Structured output | Yes |
| Extended reasoning | Yes |
| Web search | Yes (tool currently being updated by Moonshot; not recommended for near-term use) |
| Code execution | Not offered |
| Access | |
| API | Yes |
| Chat app | Yes |
| Cloud marketplaces | Azure AI Foundry (via Fireworks AI), OpenRouter |
| Fine-tuning | Not offered |
| Measured quality | |
| LMArena Elo | 1488 (checked Nov 2026) |
| LMArena rank | Rank 19 |
| GPQA Diamond | 93 |
| Elo per dollarLMArena Elo ÷ blended $/1M tokens | 248 |