Svmuu News: Jordan Nanos and Max Kan, analysts at the semiconductor research firm SemiAnalysis, released a report analyzing “The Dark Side of the Moon,” Kimi K3.Comprehensive benchmark tests show that the 2.8 trillion-parameter Kimi K3 ranks third globally in overall performance, trailing only Fable 5 and GPT-5.6, and outperforming Google Gemini—a clear indication that the gap in cutting-edge AI between China and the U.S. continues to narrow.
The analysts pointed out that Kimi K3 cannot be deployed on a single-card setup using theNVIDIAB200; it requires high-end computing hardware such as the GB300 or AMD MI355X. Based on this, they infer that the parameter scales of OpenAI and Anthropic’s flagship models are comparable to Kimi K3’s, indicating no generational-level lead.
In terms of pricing, Kimi K3 charges $3 per million tokens for input and $15 per million tokens for output, comparable to Anthropic’s Sonnet, representing a threefold increase from the previous generation.Analysts estimate that if “The Dark Side of the Moon” can operate sustainably, the higher pricing of OpenAI and Anthropic would correspond to API business profit margins significantly higher than those of SaaS. This conclusion is based solely on reverse calculations of Kimi’s parameters, performance, and pricing, and does not reflect publicly disclosed corporate financial data.