Overview
- On Wednesday, Aug. 26, 2026, Reuters reported that Moonshot AI is in early private talks with Microsoft, Amazon and Google to let those cloud platforms host its Kimi K3 model.
- Moonshot is seeking as much as a 30% cut of revenue from K3-related services on Azure, AWS and Google Cloud, according to people familiar with the negotiations.
- Key commercial and technical issues remain unresolved, including how providers would measure and bill token usage, how revenue would be split, and what data access or auditing Moonshot would require.
- U.S. officials have publicly accused Moonshot of copying parts of Anthropic’s Fable and of illicit chip acquisition and the U.S. Treasury has signaled the company could face trade blacklist action; Moonshot has rejected the distillation claim.
- Kimi K3 is an open-weight 2.8 trillion-parameter model that third-party benchmarks rank highly, and because of its size and hardware cost most enterprises would rely on major cloud hosts to run it which makes any cloud deals crucial to Moonshot’s commercial push and IPO plans.