News linked to both this project and an event.
Dubai cryptocurrency exchange Bybit has launched pre-market perpetual contracts linked to Chinese robotics company Unitree and AI startup Moonshot AI. The contracts are denominated and settled in USDT and do not involve ownership of shares in the respective companies. Bybit stated that its traditional finance perpetual contract product lineup has grown to over 200 since its launch in April, covering stocks, ETFs, commodities, indices, and pre-market companies. Unitree received approval from Chinese securities regulators in July to list on the Shanghai STAR Market. RWA.xyz data shows that the distribution value of tokenized stocks has reached $2.38 billion, with 1.31 million holders, a 123.62% increase in the latter over the past 30 days. (Cointelegraph)
Bybit launches Pre-IPO perpetual contracts linked to Chinese robotics company Unitree and AI startup Moonshot AI; its TradFi perpetual product line has expanded to over 200 types.
According to Red Star News, Moonshot AI Kimi issued a statement on August 14, stating that it has reported acts of false financing using the company's name and suspected illegal criminal activities in the market to the public security organs, and will pursue accountability to the fullest extent. The statement explicitly denied the existence of so-called "Friend Fund", "Special Channel", "Old Share Quota", "Reserved Quota", "Official Agent", or "Authorized Intermediary" during the financing process, reminded investors to be aware of risks, and advised that suspicious transactions can be reported to the company's legal department.
Odaily News, official data shows that the cumulative subscription volume for Gate's yield-bearing stable asset GUSD has surpassed $241 million, setting a new all-time high. Users holding GUSD can enjoy an annualized subscription yield of 3.8%, with daily distributions and support for instant deposits and withdrawals. Additionally, GUSD can be utilized in diverse ecosystem scenarios such as Launchpool and Pre-IPOs, further enhancing asset utilization efficiency while maintaining capital liquidity.Currently, Gate Launchpool's DOS staking campaign is underway. The DOS GUSD staking pool offers an estimated annualized yield of 18.04%, and when combined with GUSD's base 3.80% current yield, the total annualized return reaches 21.84%. Furthermore, subscriptions for Phase 3 of Gate Pre-IPOs, featuring Moonshot AI (KIMI), have opened, supporting participation with both USDT and GUSD. Subscribing with GUSD simultaneously enables users to earn the 3.8% current U.S. Treasury yield, combining income generation with innovative asset allocation.
According to official announcements, Odaily reports that Gate Pre-IPOs Phase 3 project Moonshot AI (KIMI) will officially open subscription on August 11 at 15:00 (UTC+8), with the subscription period lasting until August 13 at 15:00 (UTC+8). This phase introduces KIMI asset certificates, which are mirror notes designed based on changes in Moonshot AI's enterprise value. The subscription price ranges from $105 to $115 per share (subject to final pricing), with the project's implied market value at approximately $50 billion.This phase supports subscription in both USDT and GUSD. Users subscribing with GUSD can also enjoy a 3.8% yield on U.S. Treasury bonds. After the subscription ends, KIMI asset certificates will be fully unlocked and distributed on August 17 at 15:00 (UTC+8), with dedicated market trading expected to open approximately one month after distribution is completed.As the countdown to subscription begins, Gate Pre-IPOs continues to expand participation scenarios for AI, RWA, and innovative assets, providing users with more diversified channels for pre-IPO asset participation.
Odaily News: According to official sources, Bybit has listed the MOONSHOTUSDT Pre-IPO perpetual contract, supporting up to 10x leverage.Moonshot AI, a top-tier domestic AI large model company, has officially launched on Bybit's Pre-IPO section. Moonshot AI is the parent company of the well-known AI assistant Kimi, and investors can now participate in pre-listing trading opportunities for this AI unicorn through Bybit.
According to the Financial Times, as Chinese companies continue to narrow the gap with top US artificial intelligence labs, ByteDance is training an AI model whose scale may approach Anthropic's most advanced Mythos system. According to three people familiar with the matter, the Chinese tech giant is currently in the early stages of training a super-large-scale model, with a parameter count potentially reaching the 10 trillion level, approximately three times that of Moonshot AI's Kimi K3 model, the largest released model in China to date.
Odaily News - According to an official announcement, global digital asset trading platform Gate will launch the third phase of Pre-IPOs project subscriptions, focusing on AI enterprise Moonshot AI, offering KIMI asset certificate subscription services.The KIMI asset certificate is a Mirror Note designed based on changes in the enterprise value of Moonshot AI. The subscription period runs from 15:00 on August 11, 2026, to 15:00 on August 13, 2026 (UTC+8), with a subscription price of $105-$115 per share (subject to final pricing results). The project's implied market value is approximately $50 billion, supporting subscription in both USDT and GUSD, with GUSD subscriptions additionally earning a 3.8% yield on demand U.S. Treasury bonds.After the subscription concludes, KIMI asset certificates will be fully unlocked and distributed at 15:00 (UTC+8) on August 17, with dedicated market trading opening approximately one month after distribution. Trading fees on the dedicated market are 0.5% maker fee and 1.5% taker fee. Additionally, this project charges a 5% underwriting service fee. Should excess returns be generated in the future, a 20% performance fee (Carry) will be charged on the profitable portion.The launch of the Moonshot AI (KIMI) project marks an important step in Gate's continued exploration of AI, RWA, and innovative asset service scenarios. Going forward, Gate will continue to expand more diverse asset participation channels, driving further integration between the digital asset ecosystem and traditional financial markets.
Perplexity CEO Aravind Srinivas tweeted that GLM is a severely underrated model, demonstrating performance close to Opus-level at the 700B parameter scale with extremely high operational efficiency. Previously, Moonshot AI just released the open-source model Kimi K3, and industry attention on the GLM series models under Zhipu AI is rising.
Moonshot AI's Kimi K3 model has launched on the Cursor code editor. Some users stated on social media that Cursor's model selection vision and product experience perform the best among all current AI Agents. Kimi K3 was previously released on July 28, with officials stating that it narrowed the gap between open-source and closed-source models to 4 points across multiple benchmark tests. Cursor is a code editing tool integrated with AI capabilities, and this integration of Kimi K3 provides developers with new model options.
Moonshot AI launches open-source model Kimi K3, scoring 57 points on the Artificial Analysis Intelligence Index, becoming the third highest-scoring model, second only to Anthropic's Claude Opus 5 (61 points), Claude Fable 5 (60 points), and OpenAI's GPT-5.6 Sol (59 points). The index shows that the gap between leading closed-source models and open-weight models has narrowed to 4 points, the smallest gap since the release of GLM-5 in February. This signifies that open-source models are rapidly catching up to closed-source models in performance.
Moonshot AI released the open-weights model Kimi K3 on Hugging Face. The model is a native multimodal agent model with a total parameter size of 2.8T, adopting a MoE architecture with approximately 104B activated parameters, supporting text and image input, and featuring a 1 million Token context window.
Chinese AI startup Moonshot AI will release the model weights of its high-performance model, Kimi K3. Developers can download the model, modify it for various purposes, and run it in their own data centers or cloud environments.Kimi K3 boasts 2.8 trillion parameters and a 1 million token context window, enabling it to process large-scale documents and codebases in a single pass. Moonshot AI plans to later publish a technical report detailing the model's architecture, training methodology, and performance evaluation results.Following the release of Kimi K3, Moonshot AI's daily revenue is reported to have increased by at least 6 times. The company is reportedly advancing a new round of fundraising at a $50 billion valuation and is considering a Hong Kong listing as early as this year.According to Bloomberg Intelligence, following the release of Kimi K3 and Z.AI's GLM-5.2, the share of Chinese open-weight models in overall token usage has risen to 68%. Services like AWS Bedrock, Microsoft Azure Foundry, and Google Vertex AI currently do not offer Chinese open-weight models such as Kimi K3 and GLM-5.2.
Moonshot AI 最新旗舰开源模型 Kimi K3 正式上线 B.AI Web Chat。此前 B.AI 已率先完成 Kimi K3 API 接入，此次 Web Chat 上线进一步降低了使用门槛。用户即日起可直接在 Web 端体验这一全球首个开源 3T 级模型在长程编程、复杂推理与深度知识工作方面的强大能力。
Moonshot AI employee Randy responded on X platform to White House Office of Science and Technology Policy Director Michael Kratsios’ remarks regarding Moonshot AI using Anthropic’s Fable to distill and develop the K3 model. He stated that Fable made its public debut on July 1, while K3 was launched on July 15. The team trained a brand-new frontier model in just 15 days, a feat worthy of a Guinness World Record.
According to Wintermute OTC trader @Jjay_dm, June CPI fell 0.4% month-over-month, the largest single-month drop since April 2020, overall inflation decreased from 4.2% to 3.5%, the market immediately priced in a hold for the July FOMC, and the probability of a rate hike in September also dropped from over 75% to 63%. However, the US restarted a naval blockade on Iranian ports and conducted air strikes for the fourth consecutive night, Brent crude surged 15.54% in a single week, reaching a high of $87 per barrel, pressure for energy inflation to rebound is accumulating, casting doubt on the sustainability of this CPI decline. Meanwhile, China's Moonshot released the open-source model Kimi K3, claiming performance comparable to frontier models from OpenAI and Anthropic, directly impacting the AI compute narrative, TSMC fell 7% in a single day, the Philadelphia Semiconductor Index recorded its worst weekly performance in 15 months, the Nasdaq dropped 4.16%, and Nvidia temporarily ceded the top spot in global market cap to Apple. The crypto market, however, strengthened against the trend, becoming the best-performing risk asset of the week. Within minutes of the CPI data release, BTC surged from around $62,000 to $64,900, ETH jumped 7% in a single day to $1,884, CoinGlass data showed approximately $134 million in short positions were liquidated within the first hour. BTC ETF
: A spokesperson from Moonshot AI responded to Musk's comments about "possibly surpassing Kimi," stating: "Let's wait and see. We welcome everyone to an arm-wrestle. He has confidence, but we have even stronger confidence."Musk previously announced on social media that the new model being trained by his AI company, featuring 2 trillion parameters, will complete its initial training next week. He claimed it is comprehensively superior to the 1.5 trillion parameter version and "might surpass Kimi."
AI startup Moonshot AI recently released the open-weight model Kimi K3, claiming it can compete with leading systems from OpenAI and Anthropic at a lower cost. The company also stated that the model can more efficiently convert computing power into AI capabilities.After the launch of Kimi K3, Moonshot AI suspended new subscriptions because the demand was so strong that it exceeded the company's computing capacity. The model had already sparked widespread discussion on the Chinese internet prior to this.On Weibo, topics related to Kimi K3 once rose to the trending list, with discussions focusing on whether open-weight models can challenge the proprietary systems of US companies, as well as changes in the computing power demands of China's AI industry. Other topics focused on the comparison between Kimi K3 and Anthropic's Claude.Elon Musk also stated that the initial training of xAI's next-generation Grok 4.6 model is in its final stages, and a 2 trillion parameter version may surpass Kimi. Moonshot AI's official Weibo account subsequently responded: "Welcome to the 2 Trillion+ Club."
according to official sources, Gate has now launched KIMIUSDT (Moonshot AI) pre-market perpetual contract trading (USDT settlement), supporting 1-10x leverage.Moonshot AI is an AGI unicorn independently developing general-purpose large models, ranking among the top tier of AI startups in China in terms of financing scale and technical performance.
According to TechFlow Research, Goldman Sachs' July 18 report pointed out that Moonshot AI released the Kimi K3 model, with 2.8 trillion parameters, surpassing Claude Fable 5 and GPT-5.6 Sol to top the Arena.ai coding leaderboard, with API pricing at $2.3 per million tokens setting a new high for Chinese models. Two days after the release, Zhipu AI fell 28%, MiniMax fell 16%, Nasdaq 100 index futures fell over 1.8%, and the Philadelphia Semiconductor Index cumulatively fell over 18% from highs. Goldman Sachs believes Kimi K3 marks a turning point: a Chinese lab unable to match the largest pre-training compute capacity in the West rapidly narrowed the gap with top US models through architectural innovation and reinforcement learning, proving that "scaling" is no longer the only winning path. Goldman Sachs warns that the "compute expansion era" may be ending, and the AI infrastructure investment logic built around "the more compute, the better" needs to be rewritten. Goldman Sachs maintains a Buy rating on MiniMax and Neutral on Zhipu AI. Future focus should be on the intensive launch of 2-5 trillion parameter models such as Zhipu GLM, Alibaba Qwen, and MiniMax M3 Pro.