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Kimi K2 Thinking

Kimi K2 Thinking is a reasoning model built by Moonshot AI that challenges the assumption proprietary systems hold a permanent edge in AI performance. Underlying its capabilities is a mixture-of-experts architecture containing one trillion total parameters, yet it activates only 32 billion per inference—making it far more efficient than a dense model of comparable scale. The design philosophy centers on extending how far a single model can reason through a problem, showing its work step by step rather than jumping to conclusions. Most reasoning models begin to degrade after handling dozens of prompts, but Kimi K2 Thinking sustains coherent reasoning across 200 to 300 sequential tool calls—a range that makes it viable for complex, multi-stage production workflows rather than toy benchmarks.

The model arrived as part of a broader industry pivot in 2025, when developers stopped chasing raw speed and general knowledge benchmarks in favor of sustained reasoning under load. On Humanity's Last Exam it achieved 44.9 percent, while on the BrowseComp test it reached 60.2 percent—numbers that place it alongside proprietary systems on tasks requiring chained tool use and extended problem-solving. Because its weights are fully open, developers can inspect how it arrives at answers, fine-tune it on domain-specific data, and deploy it on their own infrastructure rather than relying on external APIs. This combination of strong reasoning benchmarks, long-horizon tool chaining, and open inspection makes it especially attractive for teams building autonomous agents, research assistants, or any application where the chain of reasoning must be auditable and adaptable.

NovitaAImoonshotai/kimi-k2-thinkingkimi-thinking

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Provider
NovitaAI
Model key
moonshotai/kimi-k2-thinking
Release date
Nov 7, 2025
Last updated
Jun 29, 2026
Input modalities
Output modalities
Capabilities

Cost

Input token cost
$0.60
Output token cost
$2.50

Limits

Output tokens
262,144 tokens
Context window
262,144 tokens

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Rates are shown per one million tokens. Combined means one million input plus one million output tokens.

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