They just opened the weights. I expect competition from various providers will drop the price a bit. But you're right. I'd hope a model closer to GLM 5.2's price would be sufficiently useful.
A license and presumably revshare is required for large scale inference as a service of Kimi K3. There's clearly something going on right now with every router at the same or higher price as the Moonshot list price.
So I wouldn't count on competition if $/mil token is actually set by Moonshot, but I would expect $/tok to drop when there's a more competitive frontier open weight model.
> If the Licensee or any of its affiliates operates a Model as a Service business,
and the aggregate revenue of the Licensee and its affiliates exceeds 20 million
US dollars (or the equivalent in other currencies) in total over any consecutive
12 months, the Licensee must enter into a separate agreement with Moonshot AI
before using the Software or its derivative works for any commercial purpose.
So I wouldn't count on competition if $/mil token is actually set by Moonshot, but I would expect $/tok to drop when there's a more competitive frontier open weight model.