I think it's the opposite.
Kimi K3 has 2.8 trillion parameters. We don't know the number of parameters of ChatGPT 5.6 or Opus 4.8, but it's probably in the same region. Fable/Mythos are rumored to be around 10 trillion.
So, K3 is directly comparable with ChatGPT 5.6 and Opus 4.8, and the price is not so much lower:
K3: $3/$15 per 1 Mtok input/output ChatGPT 5.6 Sol: $5/$30 Opus 4.8: $5/$25
This is not a watershed moment. It's a competitor converging to the same capability and trying to undercut your prices, but not by a lot.
As for the open weights? For now, Kimi K3's weights are closed, and I don't expect the situation would change.
Given how OpenAI got rid of their 5-hour limits and reset weekly limits so often, is Kimi really undercutting them on effective price?
> As for the open weights? For now, Kimi K3's weights are closed, and I don't expect the situation would change.
It'll change on July 27 (based on https://www.kimi.com/blog/kimi-k3):
> The full model weights will be released by July 27, 2026