Bloomberg Technology·2 min read
China AI Startup Moonshot Snags Funds at $18 Billion Valuation
Moonshot AI's valuation skyrockets amid funding efforts.
Moonshot AI, the developer behind the Kimi chatbot, is in talks to raise up to $1 billion, which would elevate its valuation to approximately $18 billion. This represents a dramatic increase from its previous valuation of $10 billion just three months ago, following a substantial funding round that brought in over $700 million earlier this year.
Key Takeaways
- 1.
Moonshot AI's valuation surged from $10 billion to $18 billion in just three months.
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The startup previously raised over $700 million earlier this year.
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