Kimi K3 License Analysis: Separate Agreement Needed If Revenue Exceeds $20M

eyishazyer · x · 2026-07-29

Although Kimi K3 is released as open-weight, its license agreement actually imposes commercial restrictions to protect Moonshot's hosting business. The terms state that large MaaS providers need permission, extremely large applications must advertise Kimi K3, and any company offering the model as a hosted service must sign a separate commercial agreement with Moonshot once group revenues exceed $20 million.

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