China's Moonshot AI Seeks Up to $30 Billion Valuation in New Funding Round
China's artificial intelligence company, Moonshot AI, is reportedly seeking to raise between US$1 billion and US$2 billion in a new funding round that could value the company at as much as US$30 billion, highlighting the rapid growth and investment in the AI sector.
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China’s Moonshot AI Seeks $30 Billion Value in New Funding Talks - Bloomberg.com
China’s Moonshot AI Seeks $30 Billion Value in New Funding Talks Bloomberg.com
Read full article →Moonshot AI eyes US$30 billion valuation as China’s AI race intensifies
Moonshot AI, the developer of China’s popular Kimi chatbot, is seeking to raise between US$1 billion and US$2 billion in a new funding round that could value the company at as much as US$30 billion, according to a person familiar with the matter, as competition among the country’s leading artificial intelligence developers intensifies. The Beijing-based company was targeting a valuation roughly 50 per cent higher than the US$20 billion it achieved in its previous financing round, completed in...
By Ben Jiang
Read full article →China’s Moonshot AI seeks $30 billion value in new funding talks
This is the third round of financing in six months for the Beijing-based company, which is emerging as one of the best-funded Chinese AI research labs.
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