Kimi-maker Moonshot AI targets $2 billion in annual revenue
Moonshot AI aims to double its revenue to $2 billion by year-end with its open-weight K3 model, despite controversy.Summary
Chinese AI lab Moonshot AI, creator of the Kimi chatbot and the open-weight K3 model, is targeting $2 billion in annualized revenue by the end of 2026, double its reported August run rate. This ambitious goal follows the success of its K3 model, which generates approximately 300 billion tokens daily on OpenRouter despite a slight decline in usage. While this projected revenue is still significantly less than competitors like OpenAI and Anthropic, it demonstrates a viable commercial path for open-weight AI models, which typically have lower margins. However, Moonshot's practices are controversial; Anthropic has accused the company of a large-scale model distillation campaign, alleging it routed hundreds of thousands of requests to Claude to collect training data.
(Source：TechCrunch)