Kimi K3's Open Weights Land, Hardware Gate Included — Jul 27

Kimi K3's full weights land on Hugging Face right on schedule, closing the window on the Entity List threat that's hung over Moonshot for a week while raising a new hardware gate on who can actually run it. A Hacker News teardown exposes a multi-billion-RMB black market reselling fraudulent access to OpenAI, Anthropic, and Google APIs, undercutting the identity checks the access-control regime depends on. And Nvidia moves from renting out chips to bankrolling OpenAI's own $500 billion data center campus, deepening the circular financing pattern investors have already started to flag.