Chinese AI Developer Moonshot AI Plans Final Funding Round Before IPO at $50 Billion Valuation
Moonshot AI
Chinese company Moonshot AI (developer of the Kimi K3 model) plans to launch in August its final funding round before an IPO at a $50 billion valuation. The raised funds will go toward model development and infrastructure.
Chinese company Moonshot AI, developer of the Kimi K3 AI model, plans to launch its final funding round before an initial public offering in August 2025. The expected valuation of the company after the round could reach 500 billion US dollars. The funds raised will be used to further develop artificial intelligence models and build the necessary infrastructure. This will be the last private round before a potential initial public offering.
Source: Moonshot Kimi (GNews) —
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