Moonshot AI has not announced or released Kimi K4, keeping its July 2026 Kimi K3 (2.8-trillion-parameter MoE with 1M-token context) as the current flagship available via API and open weights. Trader sentiment reflects this absence of confirmation, driven by July reports of the company seeking additional Nvidia Blackwell GPUs for a next-generation model amid U.S. export controls that already complicate K3-related compute access. Moonshot’s history of rapid point releases supports speculation about a potential K4 roadmap discussed at the late-July K3 event, yet no model card, benchmark, or deployment has appeared through October 2026. Key near-term catalysts include any official statements on training progress or partnerships that could clarify timelines before year-end resolution thresholds.