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The Weighted Average

Wire

Moonshot seeks up to 30% of Kimi K3 cloud revenue

Moonshot AI is reportedly asking for up to a 30% share of cloud-service revenue as Microsoft, Amazon, and Google discuss hosting its 2.8-trillion-parameter Kimi K3 model. Reuters reporting carried by The Economic Times says talks are early, no agreement is final, and data access plus token-usage auditing remain unresolved. For teams weighing Kimi K3’s API economics and promised weights, file this as a distribution fact: open weights do not remove the need to negotiate who owns the usage ledger when hyperscalers sell the model.