The closest alternative to Kimi K2 Thinking is o3 Pro — comparable intelligence (32.5 vs 32.7); for a cheaper option, GPT-5.6 Luna runs $0.500/M vs $0.600/M; and the best open-weight substitute is Kimi K3.
o3 Pro is the closest alternative to Kimi K2 Thinking, with an Intelligence Index of 32.5 (Kimi K2 Thinking scores 32.7) at $20.00 per million input tokens.
Yes — GPT-5.6 Luna costs $0.500 per million input tokens versus $0.600 for Kimi K2 Thinking, while staying within ~8 points of its Intelligence Index.
Kimi K3 is the strongest open-weight alternative to Kimi K2 Thinking — downloadable from Hugging Face and self-hostable, scoring 57.1 on intelligence.