China's new AI model halts new subscriptions as demand swamps capacity

Moonshot AI has suspended new subscriptions for its Kimi K3 model due to unprecedented compute challenges caused by surging demand. The Beijing-based firm is prioritizing existing paid users after a flood of requests overwhelmed capacity shortly after launch. Kimi K3, which has attracted attention in the U.S. tech industry, is the largest open-source model ever released, having been trained on 2.8 trillion parameters. The company aims to stabilize services before reopening subscriptions to new users.