AI Flash Report
Major Release Moonshot AI · Released

Kimi K2

What is Kimi K2?

Kimi K2 is a Major Release AI model from Moonshot AI, released on January 20, 2026. It has a 2M tokens context window, costs $0.15 per million input tokens, and scores 91.3% on MMLU. It is available as open source.

Moonshot's open-weight frontier MoE with strong agentic benchmarks.

First open-weight model to rank #1 on LMSYS Chatbot Arena with over 1 trillion parameters

Key features

  • First open-weight model #1 on LMSYS Chatbot Arena
  • 1.04 trillion parameters
  • K2.5 agent swarms with up to 100 sub-agents
  • $0.15/M input tokens

How much does Kimi K2 cost?

Kimi K2 pricing
Metric Price
input per mtok $0.15
output per mtok $2.50

Pricing data verified .

What context window does Kimi K2 have?

Context window
2M tokens
Max output
32K
Input modalities
text, image
Output modalities
text

How does Kimi K2 score on benchmarks?

Kimi K2 benchmark scores
Benchmark Score
MMLU 91.3%
SWE-bench Verified 65.8%
GPQA Diamond 74.1%
LiveCodeBench 68.9%

Benchmark scores verified .

What's new

  • 2M token context window (20x vs first Kimi)
  • Agentic tool-use tuning via MuonClip optimizer
  • Open weights under modified MIT

How does Kimi K2 compare to Moonshot Kimi?

  • Context window: 1M tokens → 2M tokens

Compare Kimi K2 with

Launch coverage