kimiai

<t-6/>#KimiAI K3’s weight files are still silently on the servers, but the markets in San Francisco and New York have already woken up. Moonshot has laid 2.8 trillion parameters on the table—one million tokens of context window like an endless sheet of paper, with the words: “The frontier is no longer an American monopoly.” The Nasdaq drops one percentage point, and the Philadelphia Semiconductor Index sinks as well—not because Kimi isn’t good, but because it’s too good, making the $450 billion in AI capital expenditure look like a gamble. What Huang Jen-hsun said about the “AI Factory” still rings in the ears, but the tokens coming out of that factory suddenly carry a China price tag: three dollars for one million inputs, and fifteen dollars for one million outputs. Corporate CFOs start running the numbers; and while they’re doing the math, Nvidia’s shareholders get nervous first.