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China's Kimi K3 Is Out—And Beats Claude Fable and GPT 5.6 Sol on Key Benchmarks

Moonshot AI released Kimi K3, a 2.8-trillion-parameter open-weight model that beats Claude Fable 5 on writing and code generation benchmarks whilst priced identically to Claude Sonnet 5. Full model weights release by 27 July under modified MIT licence, making it the largest freely available AI model in history.

This Wire brief sits within Fusion42's coverage of AI Frontier Models. Wire is Fusion42's founder-focused intelligence feed: each story is connected to the funds and startups it names — every one with a live profile on Raise or Scout — so founders can follow the capital and the momentum behind the headline rather than just the headline itself. Wire analysis is one of the live surfaces Arthur, Fusion42's AI co-founder, reasons over.

The Wire takeaway

If you're building on Claude or GPT APIs for writing or code work, you now have a free alternative that scores higher on the same tasks and costs nothing to run locally after 27 July. The economics of your AI stack just inverted.

Read the full story at decrypt.co

Topics: AI Frontier Models · open-source-models · llm-benchmarks · ai-pricing · china-ai · model-weights · coding-capability

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Verified 18 July 2026 · Sources: Fusion42 review

China's Kimi K3 Is Out—And Beats Claude Fable and GPT… | Fusion42