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
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
Alibaba-Backed Chinese AI Startup Files for Hong Kong IPO Alibaba 9988 -2 33% -backed MiniMax has confidentially filed for an initial public offering in Hong Kong, according to people familiar with the matter, signaling the onset of a race among
Chinese AI firm MiniMax raises $300m, gains $4b valuation Founded in 2021 by Yan Junjie, a former vice president at SenseTime, MiniMax has previously raised US$600 million in a Series B round led by Alibaba The company also secured over US$250 million
Chinese AI Startup MiniMax Files for Hong Kong IPO, Targeting . . . Chinese AI startup MiniMax has filed confidentially for a Hong Kong initial public offering, targeting a valuation of over $4 billion in the flotation, which could happen before the end of this year, three people with knowledge of the matter said