
People visit the Moonshot AI stand, featuring the Kimi K3 model, during the World Artificial Intelligence Conference (WAIC) in Shanghai on July 18, 2026. (Photo by HECTOR RETAMAL / AFP via Getty Images)

People visit the Moonshot AI stand, featuring the Kimi K3 model, during the World Artificial Intelligence Conference (WAIC) in Shanghai on July 18, 2026. (Photo by HECTOR RETAMAL / AFP via Getty Images)