China’s Moonshot AI Raising Fresh Funds That Could . . . - MSN China’s Moonshot AI is nearing a dollar funding round that could boost its valuation to around $4 billion, according to people familiar with the matter The Beijing-based AI start-up is in talks
Low-cost Chinese AI models forge ahead, even in the US . . . Chamath Palihapitiya of Social Capital, a US investment firm, said he has chosen Kimi K2, an open-source AI model developed by the Chinese company Moonshot AI, to perform much of his company’s work This is because Kimi K2 ‘was really way more performant and frankly just a ton cheaper than OpenAI and Anthropic ’, he said
Sources: Chinas Moonshot AI, developer of the Kimi models . . . Sources: China's Moonshot AI, developer of the Kimi models, is raising several hundred million dollars at a ~$4B valuation and is aiming for an IPO in H2 2026 — It has also told some potential investors that it will aim for an initial public offering in the second half of next year
Moonshot AIs Journey: Open-Source Leadership and Market . . . Moonshot AI, founded in 2023 by Yang Zhilin and her co-founders, has rapidly scaled to 300 employees and secured a $1 2 billion valuation by 2025 Its open-source Kimi K2 model and innovative mixture-of-experts architecture signal China’s shift toward transparent AI development Yet, intense competition and operational challenges have pushed Moonshot from the third to seventh-ranked AI
Sources: Chinas Moonshot AI, developer of the Kimi fashions . . . Wall Avenue Journal: Sources: China’s Moonshot AI, developer of the Kimi fashions, is elevating a number of hundred million {dollars} at a ~$4B valuation and is aiming for an IPO in H2 2026 — It has additionally instructed some potential traders that it’s going to goal for an preliminary public providing within the second half of