Moonshot AI

Kimi K2 Thinking

由 GetInfoUs 研究团队审核最后审核日期:October 2026编辑政策
85
Intelligence Index

Moonshot AI 推出的 Kimi K2 Thinking 人工智能模型,具备 262K 上下文窗口,输入价格为 $0/百万 Token,输出价格为 $0/百万 Token,专为高质量生产环境、推理与自动化工作流打造。

Technical Specifications

Provider
Moonshot AI
Category
reasoning
Release Date
2025-11
Knowledge Cutoff
September 2025
Architecture
Deliberate Reasoning Open Sparse Mixture-of-Experts
Parameters
1T total (32B active MoE)
Context Window
262K tokens
Max Output
32K tokens
Cached Input Price
$0 / 1M tokens
Batch API Discount
Standard rate
Consumer Subscription
Free / Self-Hosted
Reasoning Mode
Yes (Chain-of-Thought)
Reasoning Effort Control
Configurable (Low / Med / High)
Tool Calling
Yes
Structured Outputs
Yes
Open Weights
Yes (Open Source / Self-Hostable)
Input Modalities
text
Output Modalities
text
Official Documentation
Visit Official Docs ↗

Data Privacy, Licensing & Deployment Governance

API Data Training Policy
100% Isolated when self-hosted on private GPUs or VPC
Model License & Commercial Rights
Open-Weights Research & Commercial License
Deployment & Cloud Availability
Self-Hosted GPU (vLLM / Ollama), Private VPC, or Managed Serverless API
Output Ownership
Full commercial ownership of generated outputs

Official Provider Release Intelligence, API Quotas & Agentic Specs

Compare Multi-Models Side-by-Side →
Official API Model ID (SDK String)
kimi-k2-thinking
Supported SDK & API Protocol
OpenAI-Compatible REST / vLLM / SGLang / HuggingFace TGI
Lifecycle & Deprecation Status
Active GA (Guaranteed support through 2027+)
Production Rate Limits (RPM & TPM)
Unlimited (Hardware-bound on self-hosted GPU) / 10,000 RPM Cloud · Unlimited local throughput / 10M+ TPM Managed Cloud
Long-Context Pricing Tier (>128K / >200K)
Free across full context window (only KV-cache VRAM scales)
Prompt Cache Write & TTL Policy
Automatic prefix KV-caching in vLLM / SGLang (0 cost)
Computer Use & Browser GUI Agent
API / CLI Tool-Use & DOM Agent ready (no raw pixel desktop click loop)
MCP & Parallel Tool Calling
Native MCP Client/Server ready · Parallel function calling · 100% Strict JSON Schema
Web Search Grounding & Code Sandbox
Supported via external Tavily/Exa Search & E2B/Docker Sandbox tools
Fine-Tuning & Distillation Support
Full Weights SFT, LoRA, QLoRA, DPO & GRPO RL (Unsloth / Axolotl / Llama-Factory)
Multimodal Tokenization Billing
Text BPE (~4 chars/token)
Weights Precision & Quantization
BF16 / FP16, FP8 Dynamic, INT4 AWQ / GPTQ, GGUF (Q4_K_M / Q8_0)
Minimum GPU VRAM Requirement
620 GB VRAM (4-bit Quantized) · 2150 GB VRAM (Native BF16)
Supported Inference Engines
vLLM, SGLang, Ollama, llama.cpp, TensorRT-LLM, HuggingFace TGI
System Card & Safety Framework
Open-Weights System Card + Customizable Guardrail Layer (Llama Guard / ShieldGemma)
Enterprise Compliance (SOC2 / HIPAA / ZDR)
100% Air-Gapped On-Premises / Private VPC · Full HIPAA, GDPR & SOC2 Control
Engineering & Pricing Workbench

Kimi K2 Thinking Cost, Context, Hardware & API Integration

500 / day
4,000 tok
1,000 tok
Conversation Depth (History Re-billing):1 Turn (Single-Shot)
50%
Estimated Monthly API Cost (30 Days)
Free ($0)
Subscription ($20/mo) vs API

Open-weights or free-tier model: $0 API license cost when self-hosted.

Same Monthly Workload Cost Across Popular Reference Models

Kimi K2 Thinking (Active)
$0.00
/ month
Gemini 2.5 Flash
$18.00
/ month
DeepSeek V3
$32.70
/ month
GPT-4o
$300.00
/ month
Claude 3.7 Sonnet
$405.00
/ month

Live Prompt Paste Tokenizer & Cost Counter

Paste real system instructions, JSON schemas, or code to measure BPE token counts across tokenizers.

Chars / Words
175 / 24
OpenAI o200k
~46 tok
Claude BPE
~49 tok
Llama / DeepSeek
~51 tok

Hybrid Prompt Routing Cascade Simulator

Route routine queries to a fast lightweight model ($0.15/1M) and escalate only complex reasoning turns to Kimi K2 Thinking:

Cascaded Monthly Bill:$13.50/mo
This model is already priced at or below the fast router baseline.

Benchmark Scores & 6-Axis Capability Radar

Benchmark Encyclopedia
Coding (57)Reasoning (81)Knowledge (83)Speed (37)Context (85)Cost Value (98)
Kimi K2 Thinking2026 Frontier Median
SWE-bench Verified
50%
GPQA Diamond
70%
MMLU-Pro
82.5%
HumanEval
93%
AIME
82.5%
Chatbot Arena Elo
1375pts

Strengths

  • 由 Moonshot AI 研发的高精度 Deliberate Reasoning Open Sparse Mixture-of-Experts 架构,支持 262K 上下文窗口
  • 极具竞争力的 API 定价(输入 $0/1M,输出 $0/1M),支持高速推理与工具调用
  • 在代码生成、逻辑推理与多语言处理基准测试中表现出色

Limitations & Trade-offs

  • 超长上下文请求需要规划 Token 成本与并发配额
  • 针对特定垂直领域任务建议结合系统提示词与检索增强(RAG)以获得最佳效果

Editorial Assessment

Kimi K2 Thinking 是 Moonshot AI 旗下极具代表性的模型,在性能、速度与 API 成本之间实现了卓越平衡。

Best for: 企业级 AI 自动化、代码研发、智能体(Agent)工作流以及 Moonshot AI 生态深度集成

Frequently Asked Questions about Kimi K2 Thinking

How much does the Kimi K2 Thinking API cost per 1M tokens?+

Kimi K2 Thinking by Moonshot AI is priced at $0 per 1M input tokens and $0 per 1M output tokens. With prompt caching enabled, cached input tokens cost $0 per 1M tokens, and asynchronous Batch API requests receive a 0% discount.

Should I use a $20/month subscription or the Kimi K2 Thinking pay-as-you-go API?+

A flat $20/month consumer subscription is predictable for daily interactive chat and manual coding. However, if you are building software, running automated workflows, or sending low-to-moderate volume with prompt caching enabled, the pay-as-you-go API is typically far more cost-effective and offers higher rate limits without manual UI caps.

How many words and pages fit in Kimi K2 Thinking's context window?+

Kimi K2 Thinking features a 262K tokens context window, which equals approximately 196,608 English words or ~524 standard single-spaced pages in a single prompt. Its maximum output generation per turn is 32,000 tokens.

Can I run Kimi K2 Thinking locally on my own GPU (Open Weights)?+

Yes, Kimi K2 Thinking (1T total (32B active MoE)) releases open weights that can be self-hosted locally or on private cloud GPUs using vLLM, Ollama, SGLang, or llama.cpp.

Does Moonshot AI train on data sent to the Kimi K2 Thinking API, and is commercial use allowed?+

100% Isolated when self-hosted on private GPUs or VPC. License tier: Open-Weights Research & Commercial License. Full commercial ownership of generated outputs. Supported deployment channels include: Self-Hosted GPU (vLLM / Ollama), Private VPC, or Managed Serverless API.

How does Kimi K2 Thinking perform on coding and reasoning benchmarks?+

Kimi K2 Thinking achieves a composite Intelligence Index of 85/100, scoring 50% on SWE-bench Verified, 70% on GPQA Diamond, 82.5% on MMLU-Pro, and 1375 pts on Chatbot Arena Elo.

What is Kimi K2 Thinking best used for?+

Kimi K2 Thinking is best suited for: 企业级 AI 自动化、代码研发、智能体(Agent)工作流以及 Moonshot AI 生态深度集成. Assessment: Kimi K2 Thinking 是 Moonshot AI 旗下极具代表性的模型,在性能、速度与 API 成本之间实现了卓越平衡。

AI Glossary & Architecture Concepts

View full glossary →

Key machine learning concepts and benchmarks relevant to Kimi K2 Thinking:

Benchmark scores, token prices, and rate limits evolve rapidly as AI labs release model updates. Always verify current specifications and pricing on the official provider documentation.

数据来源: Moonshot AI Research & Weights Repository↗