Moonshot AI published the Kimi K3 license for its model weights and code. The MIT-inspired terms permit free non-commercial use while requiring companies exceeding $20M/yr to negotiate separate commercial deals. Display of Kimi K3 is required for entities above 100M users or $20M/mo revenue. Researchers described the terms as a middle ground between open and restricted models, noting possible effects on large-scale inference hosting and fine-tuning integrations.