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- https://platform.kimi.ai/docs/guide/kimi-k3-quickstart
- https://platform.kimi.ai/docs/pricing/chat-k3
1M context, pricing is $3/$15 for 1M tokens (cache $0.3), which is extremely high for a Chinese open-weight model, but if it's truly competitive with most of the current frontier and is only behind Fable/Sol, the pricing is justified.
This is 1:1 pricing of Anthropic's Sonnet series (except Sonnet 5 which is currently on discount), and very close to 5.6 Terra pricing (Terra's input is $2.5).
One thing to consider, though: reasoning efficiency matters directly for how expensive a model actually is in real use. GPT's models are extremely reasoning efficient, and some Claude models like Fable at lower effort are as well. So if Sol spends 10K reasoning tokens to do something (at $30/1M) vs Kimi K3 that spends 50K reasoning tokens, Sol would win on cost effectiveness.
That said, Kimi is competing against GLM in my mind, and GLM 5.2 is less than 1/3 the price.
At this point, I always look at things like Artificial Analysis' total cost to run their tests. It'll take into consideration the cost of tokens, how many tokens it burns through, and how effectively it uses caching (and the price of that caching).
If a model "costs the same" but its reasoning ends up going through a ton more tokens, it doesn't really cost the same in real world usage.
Neuralwatt was cheap (but slow) but they cranked their price.
Ollama monthly sub is speedy but doesn't offer a lot of quota.
Right now unless you're paying by the token, there's no cost based reason to use the open weight models for daily coding work because the monthly coding plans from Anthropic and OpenAI are a better deal.
> Right now unless you're paying by the token, there's no cost based reason to use the open weight models for daily coding work because the monthly coding plans from Anthropic and OpenAI are a better deal.
Maybe. I am on a $20/month Anthropic subscription this month but I also use Claude Code frequently with Deepseek v4 flash and pro, GML5.2. For simple work Deepseek v4 flash is so nice because it is fast.
What you say is true however, the US hyper-scalers are still (desperately?) subsidizing subscriptions for market share to boost there valuations.
I really want to see AI inference costs approach zero, and I think I just need to wait a few years to see that.
I have high hopes on this topic, given token efficiency seemed to be the primary (only?) goal of the K2.7 Code release.
Excited to see the signals that come out of the big eval/benchmark sites.
It goes without saying, but if the open weights become as expensive as SOTA models, there's no point in using open weights. If nobody pays for open weights' development, the development dies out, and we're stuck with a US-controlled duopoly again. Which may be the biggest threat the world has seen from the US since nukes.
Kimi also offers generous subscriptions. Subs aren’t going anywhere. Think of subs like running an insurance business. There might be some users you lose money on (ones who max out their weekly quota without fail), but they’re managed such that the average subscription turns a healthy profit. There’s never been subsidies in model serving, inference is just cheaper in terms of ops TCO than people assume, and API margins are very high.
It'd need to be exceptionally smart and error free to ever make sense.
> K3 pushes the boundary of end-to-end knowledge work. On the GDPval-AA v2 leaderboard, Kimi K3 scores 1687. The benchmark evaluates AI models on real-world tasks across 44 occupations and 9 major industries; Kimi K3 ranks behind only Claude Fable 5 Max and GPT-5.6 Sol Max, and ahead of Claude Opus 4.8 Max at 1600.
> On AA-Briefcase, Kimi K3 scores 1527, ranking second among all models — behind only Claude Fable 5 Max and ahead of GPT-5.6 Sol Max (1495). AA-Briefcase is a private agentic knowledge-work benchmark developed by Artificial Analysis to evaluate frontier agentic capability in long-horizon knowledge work.
Really good benchmark score it seems. Maybe another DeepSeek moment right here.
Pretty sure ranking “second” to two others means ranking third.
This is the same benchmark where Sonnet 5 outperforms Opus 4.8 max.
Like all model releases, the benchmarks aren't going to tell the whole story. All of the open weight models come with amazing benchmark results now. It's hard to believe anything other than that the benchmarks are leaking into (or intentionally included) into training data.
(On several other benchmarks, it costs more, takes longer, and does worse.)
What page does that come from? I'm having trouble tracking it down.
95 input, 16,658 output = 25 cents! https://www.llm-prices.com/#it=95&ot=16658&ic=3&oc=15 (13,241 of those were reasoning tokens.)
I think that's the most expensive pelican I've rendered through a Chinese model so far.
I just tried "hi" through the same OpenRouter API and the input token count for that was 86 - and for "hi there" the count was 87.
I think there's an 85 token hidden system prompt of some sort.
> I can't repeat my system instructions verbatim, but I'm happy to be transparent about what they cover: they're content guidelines about not generating sexual content involving minors, non-consensual scenarios, or content that sexualizes real people without consent — standard safety policies.
> Is there something I can actually help you with today?
Love how passive aggressive "something I can actually help you with" is!
That message feels misleading to me though, I have trouble imagining they can fit their full content guidelines into 85 characters. That looks more like the model hallucinating justification for not revealing anything.
We don’t know what’s inside these bikes!
This puts them on the top of the largest open models list:
That's one mighty large model! Moonshot is going to need the USD 500 million reportedly raised earlier this year to run this model.At this pricing, I'll be surprised if it's open.
Which basically translates too "Don't give away tools that can be used to undermine your own goals".
How feasible is it to hook Kimi up to do GitHub code reviews? the Copilot quotas got really stingy recently
I's not just matching against titles. Ironically, I have an agent running daily scans, reading the contents of the top 200 stories of the day. It auto screens high-confidence ones and I make judgement calls on like 10-20 of them per day.
So, it's impossible to know whether your filter is working on this story yet, either.
or
https://lobste.rs will probably have less AI
Click the link to view conversation with Kimi AI Assistant https://www.kimi.com/share/19f6b96d-fdd2-8589-8000-0000daada...
But it does take some days after model release before they collect enough data.
Also very cool to see LatentMoE being picked up by more models (https://arxiv.org/abs/2601.18089)
* Tons of gray testing going on for the last 2+ weeks (people at random getting the new v4 model for a while before its removed again).
* It also DeepSeek their 3th birthday this Friday.
* The its been almost 3 months from the v4 DeepSeek release, and the model everybody have been using, was not post-trained. That is what they have been doing during this time.
People trying out the new DSv4 via the web chat with quick game creation tests. People pulling out stuff like Stellaris clones etc.
https://cct124.github.io/HORIZON6_DEMO/
https://www.showyourcode.app/zh/share/pmpwkamrnai2ue
The Battlefront like game is impressive. Sure, the soldiers are backwards and the graphics are still kind of basic. But the entire movement system (run/walk/crouch/jump), gun mechanics, grenades, capture points, AI fighting / capturing back, etc ... Ended up playing it way too darn long lol The text is in mandarin but its not too hard to figure out the menu. Sniper is OP ;)
The Horizon 6 game has everywhere mesh colliders, shows when you off track dirt being kicked up, etc ... In general, both example are very well polished minus the reverse soldiers issue.
And the price is supposed to stay the same (beyond the doubling during Chinese workhours), because everybody got that update.
I don't understand how DeepSeek can be so cheap with their cache pricing - ~0.003 usd / 1Mtok. 100x less than Kimi K3, or similar numbers against pretty much any other decently sized model to my knowledge. I've been using it whenever possible as even longer agent sessions cost few cents.
Assuming experts are uniformly distributed (I’m really not that familiar with the deep details there), that’s 2800/896*16 = 50 billion active parameters just for the active/expert part. Wild stuff, and I’m glad there’s at least some companies still publishing (and pushing, for open-weight models) total parameter count.
And: It sounds very believable that this would result in efficiency gains wrt. to compute necessary for “good”-quality inference. Does anyone know whether there currently even are any SOTA or near-SOTA models that are dense still?
Kind of like scaling your personal automobile to the weight of a semi, the semi is still going to be far more efficient in moving cargo, not that the semi will cost the same to operate as the original car.
I entered a question to try it, but as soon as I hit enter it wants my phone number for a login. No thanks.
Are you claiming a necessity ?
https://platform.kimi.ai/docs/guide/kimi-k3-quickstart
From all the models available to me I'm most happy with Kimi K2.7 (given the cost/performance).
Is them pricing at Sonnet level actually give us any information at all at how big Sonnet is or is there too much opacity around inference margins?
> The full model weights of Kimi K3 will be released in the coming days. More details on the architecture, training, and evaluation will be published together with the Kimi K3 technical report.
https://platform.kimi.ai/docs/guide/kimi-k3-quickstart
So... it ranks THIRD?
(There were only two countries competing in said event)
If that's true, then the price makes sense
Combine with the price it will surely more costly than gpt 5.6.