Moonshot AI

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Illustration of Moonshot AI's Kimi K3 topping benchmarks while triggering a selloff in stocks and crypto.
Image generated by AI

Moonshot AI's Kimi K3 tops coding benchmarks and triggers selloff

Reported by AI Image generated by AI

Moonshot AI released its Kimi K3 model on Thursday, an open-weight system that outperformed leading U.S. models on a key coding leaderboard. The announcement sent semiconductor stocks and cryptocurrencies lower on Friday.

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