Three Chinese labs now hold the top of the open-weight leaderboard. Moonshot AI’s Kimi K3, DeepSeek V4 Pro, and Zhipu AI’s GLM-5.2 are all sparse Mixture-of-Experts (MoE) models with million-token context windows. Each targets long-horizon coding and agent workloads. This article compares them on three axes an AI team actually decides on: measured capability, license terms, and serving cost.
‘Trillion-parameter’ fits Kimi K3 (2.8T) and DeepSeek V4 Pro (1.6T). GLM-5.2 is 744B total, so it is the smallest of the three by total parameters. It earns its place because it led the open-weight field before K3 shipped.