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Beijing's Kimi AI Developer Eyes Public Markets as China's Model Race Accelerates

Moonshot AI's confidential Hong Kong filing marks the first major IPO move among China's foundation model builders, testing investor appetite for compute-intensive startups in a crowded field

By Linh T. Pham·Sep 4, 2026·6 min read
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This week's top models
#ModelGeneralReasonCodeMathVisionPrice
1
GPT-5.6 Sol
OpenAI
56.856.048.936.538.3$10.00
2
Claude Opus 5
Anthropic
55.854.741.343.239.0$9.00
3
Claude Fable 5
Anthropic
55.352.747.241.737.1$18.00
4
Claude Mythos Preview
Anthropic
55.756.545.347.439.6
5
Kimi K3
Moonshot AI
54.653.345.040.938.1$5.40
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