Moonshot AI Seeks $12 Billion Valuation Amid Surging Overseas Revenue for Kimi Models
Chinese AI startup Moonshot AI, known for its Kimi artificial intelligence models, is reportedly targeting a $12 billion valuation after securing an additional $700 million in funding, driven by a surge in overseas revenue.
18 Feb, 12:00 — 18 Feb, 14:35
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Read full article →Moonshot AI targets US$12 billion valuation as overseas revenue surges for Kimi models
Moonshot AI, the Chinese start-up behind the powerful Kimi artificial intelligence models, has added at least another US$700 million to its war chest after launching another funding round that could value it at up to US$12 billion. The new round, which comes just over a month after its last one, could almost triple Moonshot’s previous valuation of US$4.3 billion amid exploding investor interest in China’s AI enterprises. It was jointly led by existing investors including Alibaba Group Holding,...
By Vincent Chow
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