China’s open-source AI race is moving fast.
On July 27, Moonshot AI officially open-sourced the weights of its flagship model, Kimi K3. With 2.8 trillion total parameters, it is now one of the largest open-source AI models in the world.
And the momentum didn’t stop there.
🔹 DeepSeek released DeepSeek V4 Flash on July 31
🔹 Alibaba Cloud launched Qwen 3.8 Max on August 3
The rapid releases are sparking discussions about whether we’re seeing another “DeepSeek moment” — and a new phase in the growing AI competition between China and the US.
One thing is clear: the pace of AI development is only getting faster.
Source: TrendForce, August 2026
