SITUATION ANALYSIS: Kimi K3 After weeks of teasing, Moonshot AI has finally released its long-awaited model, Kimi K3, and it’s really good. For starters, it ranks substantially above even Fable on Arena’s Frontend Code Arena benchmark, to say nothing of Sol, Opus, Grok, and other frontier models. On other benchmarks, it performs generally similarly to Sol and Fable and strictly superior to GPT-5.5 and Opus 4.8. The blog post is full of incredible examples of the model doing things like…