Week 29, 2026

Kimi K3 is Moonshot AI's open-weight model released July 16, 2026, built at roughly 2.8 trillion parameters. It's available now via kimi.com, Kimi Work, Kimi Code, and the Kimi API, priced at $0.30 per million input tokens (cached), $3.00 per million (uncached), and $15.00 per million output tokens. Moonshot published the full open weights on Hugging Face on July 27, 2026, as promised at launch. Moonshot positions it as approaching Anthropic Fable 5-tier performance at a fraction of the cost, though the company acknowledges a tendency toward 'excessive proactivity' on long-running tasks.

Luma Ray 3.2 is a production-grade video generation and editing model that creates 1080p clips up to 20 seconds from text, images, or existing video. It supports up to 16 multi-keyframes, motion and camera transfer, character transformation, environment changes, relighting, and native HDR/EXR export for post-production workflows.

Qwen 3.8-Max is Alibaba's largest model yet, announced July 19, 2026, at 2.4 trillion total parameters using a sparse Mixture-of-Experts design. It's multimodal (text, images, video, documents) with a context window in the ~1M-token range (983,616 tokens per Qwen Cloud metadata) and a 131,072-token max output. It's live now as qwen3.8-max-preview through Alibaba's Token Plan, Qoder, and QoderWork at 10% of eventual standard pricing, targeting coding, agentic workflows, and long-horizon 'professional cowork' tasks. Alibaba says open weights are coming but hasn't published a date, license, model card, or full benchmark table yet; the independent number available is Artificial Analysis, which places the preview at 53.4 on its Intelligence Index, rank 11.