Moonshot AI's Kimi K3 suspends new subscriptions after 48-hour reques…

Moonshot AI's Kimi K3, a 2.8-trillion-parameter open-source LLM that topped global coding benchmarks, suspended new subscriptions after demand overwhelmed compute capacity within 48 hours of release. The move signals Chinese open-source models are now matching or exceeding closed US frontier models in performance whilst competing on cost and accessibility. If you're building on closed-source US models, your cost advantage just evaporated: Kimi K3 topped global benchmarks at a fraction of the price, and open-source means every developer can run it on their own infrastructure. The next wave of AI founders will build on Chinese models or fork them entirely.