The truth nobody wants to admit: Chinese or not, open models are competitive now

OPINION Every six months or so a Chinese model sparks a panic, calling into question America’s AI dominance. Moonshot AI’s Kimi K3 is the latest example. Recall when DeepSeek R1 shook markets early last year? Following a similar pattern, Moonshot’s latest model isn’t all that interesting apart from its benchmark performance, and at nearly three trillion parameters it's beyond the reach of most enterprises. For the likes of OpenAI and Anthropic, the technology isn't as int