Kimi K2 vs Kimi K2 Thinking

Moonshot AI

Kimi K2, released by Moonshot AI on July 11, 2025, is an open-weight Mixture-of-Experts large language model with 1 trillion total parameters and 32 billion active parameters per inference. It features a 256K token context window (expanded from 128K in an September 2025 update) and demonstrated strong performance on agentic coding benchmarks. Kimi K2 targets software engineering agents, tool-use workflows, and open-source deployments under a modified MIT license.

Moonshot AI

Kimi K2 Thinking, released by Moonshot AI on November 6, 2025, is a reasoning-focused variant of Kimi K2 with 1 trillion total parameters and 32 billion active parameters, featuring extended chain-of-thought processing for complex problem solving. It builds on K2's agentic coding strengths with additional capabilities for mathematical and scientific reasoning. Kimi K2 Thinking targets open-source deployments requiring deep, deliberate reasoning across coding and analytical domains.