Will Liang, CEO of Amplify AI Group, said Moonshot AI’s Kimi K3 model could cause a larger market wave than DeepSeek.
The potential disruption highlights the accelerating pace of AI development in China and the increasing pressure on global compute infrastructure to support high-demand models.
Speaking on Sky News Australia, Liang said the new model is a game changer. He noted that while DeepSeek caused a significant market wave in January of last year, the impact of Kimi K3 could be even larger, Liang said.
The demand for the Beijing-based model has been so intense that Moonshot AI was forced to pause new subscriptions [2]. This surge in users created unprecedented compute challenges for the company [5].
Financial growth has accompanied the technical strain. Moonshot AI has reached an annual recurring revenue of $300 million [1]. The company is currently raising up to $2 billion [3].
These financial milestones are paving the way for a public offering. Moonshot AI is pursuing a $50 billion valuation for an initial public offering in Hong Kong [4]. Some reports suggest the company could list in Hong Kong within six months following the achievement of its revenue targets [1].
“"It is certainly a game changer."”
The rapid ascent of Kimi K3 signals a shift where Chinese AI firms are not only competing on model capability but are achieving massive commercial scale. The necessity of pausing subscriptions due to compute strain underscores a critical bottleneck in the industry: the gap between software demand and hardware availability. If Moonshot AI successfully lists in Hong Kong at a $50 billion valuation, it will solidify the region as a primary hub for AI capitalization outside the U.S.
