Moonshot released 2.8 trillion parameters as a free download on 27 July — and priced its own API above the model it replaced, while no single GPU on the market can hold the weights. Open weights buy agent builders exactly one thing that closed APIs cannot, and it is not cost.
Five frontier-tier models shipped inside a two-week window in June 2026. The differences are no longer about who tops MMLU — each lab is now betting on a different axis: agentic computer use, reasoning cost, multimodal latency, or pure price floor. Pick the axis before you pick the model.
Every few months, four labs ship a similar-sounding open-weights flagship — MoE, long context, reasoning mode, multimodal. The benchmarks keep getting passed back and forth. The thing that actually decides which one you run in production is the axis each lab is betting on next: multimodal ecosystem, inference economics, agentic reasoning, or permissive-license frontier intelligence.