Sources Reveal: Moonshot AI Embarks on New Funding Round, Targeting $10 Billion Valuation
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Author:小编   

Moonshot AI, the innovative developer behind the renowned Kimi series of AI models, embarked on a fresh funding round at the close of January this year, aiming to secure capital at a lofty valuation of $10 billion. Just a month prior, the company had successfully raised $500 million, achieving a valuation of $4.3 billion. Presently, negotiations for this new funding phase are in full swing, and it's still up in the air whether the targeted valuation can be attained. Nevertheless, existing backers, including tech giants Alibaba and Tencent, as well as 5Y Capital, have pledged to invest in excess of $700 million.