Report says Kimi K3.1 to launch next month with three levels of reasoning power + million tokens

According to Wccftech, Moonshot is planning to launch the Kimi K3.1 model, which is expected to debut next month (October 2026) and will offer three levels of reasoning intensity: Low, High, and Max. This information comes from a source named @MaxForAI on the X platform, who discovered it through internal JSON/API responses from Moonshot — including model names such as "k3d1-agent," and snippets also revealed Agent mode, application scenarios, and various configuration switches.

Exposed Configuration: Extended Context, Multi-Agent, and Swarm

According to the relevant configuration files, K3.1 may support multiple capabilities: multiple levels of reasoning intensity such as Low, High, and Max; an "Extra Long" option for extended context, supporting up to 1 million tokens; Agent mode; Swarm multi-agent collaboration; and task modes such as search and batch processing. If these configurations are accurate, Kimi K3.1 will further enhance its capabilities in extended context, agent collaboration, and task scheduling.

Overview of the Previous Flagship Model K3's Parameters and Architecture

As a reference, the flagship model Kimi K3 currently released by Moonshot was launched in July 2026. Official data shows that it has 2.8 trillion parameters, native visual capabilities, and a 1 million token context window, and it uses architectural designs such as Kimi Delta Attention, Attention Residuals, and sparse MoE. On the basis of K3, what specific metrics will K3.1 upgrade, and whether it can continue to maintain the "flagship" positioning, remains to be revealed after Moonshot officially releases it.

Kimi K3.1 May Conclude in October: Three Levels of Reasoning Power, Million-Long Context Agent, and Swarm Fully Included in Configuration

Multiple sources say Moonshot AI's flagship model Kimi K3.1 is taking shape internally, with release as early as October 2026, offering Low, High, and Max reasoning levels. Tipster @MaxForAI leaked internal JSON and API responses on X, revealing a "k3d1-agent" model ID with agent mode, scenarios, and config toggles, likely an early leak.....

Valuation to Surge to $50 Billion: Moonshot AI Secretly Filed for Listing on Hong Kong Stock Exchange, AI Unicorn Accelerates Embrace of Capital Market

Moonshot AI has been reported to have submitted a confidential A1 listing application to the Hong Kong Stock Exchange, fully launching its HK IPO. The company has not commented on the report. The A1 is the official filing document for main board listing, and the company is simultaneously advancing other capital operations.

Moonshot AI's Kimi Completes Series F Financing Over $3.5 Billion, Post-Funding Valuation of $35 Billion

Moonshot AI's product Kimi has closed a Series F funding round exceeding $3.5 billion, with a post-money valuation of $35 billion. The round was oversubscribed by over three times, leading to an early close and the launch of a Series G (Pre-IPO) round at a pre-money valuation of $50 billion. Kimi's strong market validation, driven by practical features like long-context processing, and the massive fundraising reflect high investor enthusiasm for ....

Moonshot AI Secures Another $2 Billion Financing, Valuation Surges to $30 Billion

The well-known AI startup "Moonshot AI" is seeking another round of financing, targeting $2 billion. If successful, its valuation could reach $30 billion, a sevenfold increase from last December. The company has developed the chatbot Kimi and is in discussions with potential investors, expecting to raise at least $1 billion.

Kimi K2 Series Model API Discontinued, Users Are Advised to Migrate to the New Version

Moonshot AI officially announced that the API for the Kimi K2 series model will cease maintenance on May 25th. Users are required to migrate to the latest model, kimi-k2.6, to obtain ongoing support and enhanced multimodal capabilities. The K2 series includes multiple versions, which were renowned for their trillions of parameters since their release in July of last year and have now reached the end of their lifecycle.