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A report from June 23, 2026, discussed a potential AI bubble in China due to computing power shortages, suggesting that Chinese AI companies, including Kimi, are "trying to stop you from buying" their models due to cost issues, indicating broader supply-side pressures.
Open source ↗SIGNAL TIMELINE
Signal Timeline
2026-06-23
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Kimi experienced user-reported service disruptions, with seven reports in the 24 hours leading up to June 23, 2026, though the overall system status remained operational.
Open source ↗2026-06-21
Leaker @chetaslua claimed that the upcoming Kimi K3 model is scheduled for release in July 2026.
Open source ↗2026-06-16
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Moonshot AI's status page reported an increased error rate for Agentic models on June 16, 2026.
Open source ↗Cloudflare Workers AI reported degraded availability for Kimi K2.6 and K2.7 Code models, with minor impact starting June 16, 2026.
Open source ↗On June 16, 2026, Cloudflare Workers AI reported degraded availability for some models, including Kimi K2.6 and K2.7-Code, which was under investigation.
Open source ↗2026-06-13
According to credible leaker @chetaslua, Kimi K3 is expected to be released in July 2026.
Open source ↗AI insider @chetaslua asserted that Kimi k3, the next main frontier model, will be released "in July 100%".
Open source ↗2026-06-12
New model ID "moonshotai/kimi-k2.7-code" (MoonshotAI: Kimi K2.7 Code) appeared in the OpenRouter model list.
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A new beta program for Kimi Code has launched, offering early access to upcoming models and features, including a "6x High-Speed Mode" that is "coming soon."
Open source ↗Moonshot AI officially released Kimi K2.7-Code on June 12, 2026, as an open-source, coding-focused successor to Kimi K2.6, touting improved coding and agent performance, publishing full model weights to Hugging Face.
Open source ↗