Alibaba-backed startup Moonshot AI's valuation is up $500 million, sources say, after its rivals IPO in Hong Kong

Alibaba-backed AI startup Moonshot AI hits $4.8B valuation in new funding round - Tech Startups

Alibaba-backed AI startup Moonshot AI is closing a new funding round that values the Chinese startup at $4.8 billion, CNBC reported, citing two people familiar with the deal. The round comes just weeks after the company was priced at $4.3 […] The post Alibaba-backed AI startup Moonshot AI hits $4.8B valuation in new funding round first appeared on Tech Startups.

Alibaba-backed startup Moonshot AI's valuation is up $500 million, sources say, after its rivals IPO in Hong Kong

Investors are valuing the startup at $4.8 billion as it is about to close another funding round, according to two people familiar with the matter.

Alibaba-Backed Moonshot AI Valuation Jumps to $4.8B

Alibaba-backed Moonshot AI has added $500 million to its valuation in just weeks, lifting the Chinese AI startup to about $4.8 billion as demand around its Kimi models continues to build inside China’s fast-moving AI market. The jump follows Moonshot’s most recent funding round late last year and comes as interest in domestic AI companies intensifies, with investors focusing on Chinese-built models as alternatives to Western chatbots that remain…

Moonshot AI lines up new funding at USD 4.8 billion valuation

Moonshot AI is close to finalizing a new funding round that could value the company at about USD 4.8 billion, according to CNBC, which cited anonymous sources familiar with the matter. If completed on the current terms, the round would represent an increase of roughly USD 500 million from the company’s valuation just weeks earlier. The Beijing-based startup, best known for its Kimi chatbot and large language model (LLM) series, was valued at abo…

China's Moonshot AI to close on another massive funding round after its two biggest rivals go public

Moonshot AI, one of China’s top large language model developers, is set to increase its valuation to $4.8 billion via a new round of funding, just weeks after closing on a $500 million raise. The news comes via CNBC, which cited two anonymous sources as saying that the round, which is still under discussion but […] The post China’s Moonshot AI to close on another massive funding round after its two biggest rivals go public appeared first on Sili…