Kimi-maker Moonshot AI targets $2 billion in annual revenue

Moonshot AI, a leading Chinese lab, aims to generate $2 billion in annual revenue by year-end, double its August run-rate, driven by its open-weight K3 model that processes up to 300 billion tokens daily. Although its margins are lower than closed-weight rivals like OpenAI and Anthropic, Moonshot faces accusations from Anthropic of illicitly distilling 23 million responses from Claude Opus via 300,000 Kimi requests.