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Moonshot AI releases Kimi K2, a 1-trillion-parameter open-weights model

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Beijing start-up Moonshot AI released Kimi K2 on 11 July 2025, a mixture-of-experts model with 1 trillion total and 32 billion active parameters, pre-trained on 15.5 trillion tokens with its MuonClip optimiser. The weights are under a modified MIT licence that requires products with more than 100 million monthly users or $20 million in monthly revenue to show “Kimi K2” in their interface.

Why it matters

Builders of coding and agent tools gained an open-weights model at the trillion-parameter scale from a Chinese start-up, with few licence limits below large-company thresholds.

When
11 Jul 2025
ID
WTA-N-2025-0061
Where
China
Who
Moonshot AI

Summary by wheresthe.ai, from Moonshot AI on GitHub and the reporting credited above. Checked against the source on 9 Oct 2026.

Source copy: download the page text as saved on 18 Oct 2026 (PDF). Also held by the Internet Archive.

Next stop on this Storyline: What happened nextMoonshot releases Kimi K2.6, scaling its agent swarm to 300 sub-agents

Cite this story

WTA-N-2025-0061: “Moonshot AI releases Kimi K2, a 1-trillion-parameter open-weights model.” wheresthe.ai, 11 Jul 2025. https://wheresthe.ai/d/cn-moonshot-kimi-k2-open-weights-2025-07/ (source: Moonshot AI on GitHub: Kimi-K2).

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