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Kimi (The dark side of the moon) is about to secure a new round of funding totaling $2 billion, with a post-investment valuation exceeding $20 billion. This funding round is led by Meituan Dragonball, with participation from China Mobile, CPE, and others. Meituan Dragonball is investing over $200 million. In the first two months of this year, Kimi has completed three rounds of funding, with amounts of $500 million, $700 million, and $700 million, respectively. In less than half a year, Kimi's total funding has exceeded $3.9 billion, with its latest valuation increasing more than fourfold from approximately $4.3 billion in November last year. Currently, Kimi's cumulative funding has surpassed 37.6 billion RMB, making it the large model startup with the highest cumulative funding.
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