Moonshot AI Seeks 30% of US Cloud Revenues from Kimi K3
Moonshot AI is in early discussions with Microsoft, Amazon, and Google about hosting Kimi K3 on their cloud platforms, aiming for up to 30% of the revenue generated by these services, according to Reuters.
Key Points:
- This would be a landmark agreement, marking the first time a Chinese AI company partners with major American cloud providers for hosting its model.
- Kimi K3, a model with 2.8 trillion parameters, is considered the world's largest open model, raising market concerns due to its immense computational requirements.
- The deal is in its early stages, with many details unresolved, including revenue splits, data access, and token usage auditing.
Political and Regulatory Hurdles:
- US Treasury Secretary Scott Bessent has proposed blacklisting Moonshot AI, citing allegations of illegal practices, adding complexity to the negotiations.
- American officials accuse Moonshot of distilling other companies' models and acquiring chips improperly, claims the company denies.
- The political climate makes reaching a deal less certain, potentially hinging on whether Washington considers these agreements permissible.
Strategic Significance:
- Moonshot AI is preparing for a $30 billion Hong Kong listing, and global distribution through major cloud providers would significantly boost its revenue prospects.
- The valuation trajectory of Moonshot AI, rising sevenfold in six months to reach $30 billion, underscores the urgency for securing distribution partnerships.