Alibaba-backed Moonshot releases new Kimi AI model that beats ChatGPT, Claude in coding — and it costs less
1. Alibaba-backed startup Moonshot released Kimi K2, a low-cost AI model. 2. Kimi K2 claims superior coding performance compared to OpenAI's models. 3. Lower token costs make Kimi K2 appealing for businesses. 4. Initial user reviews of Kimi K2 have been largely positive. 5. The release heightens competition among AI models in China.