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China's Moonshot AI raises $2B at $20B valuation as demand for open-source AI skyrockets | TechCrunch
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China's Moonshot AI raises $2B at $20B valuation as demand for open-source AI skyrockets | TechCrunch

TechCrunch·Kate Park·26 days ago
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Moonshot's annualized recurring revenue topped $200 million in April, driven by rapid growth in paid subscriptions and API usage.

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Moonshot AI’s $20bn valuation seals one of China’s fastest AI funding trajectories
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Moonshot AI’s $20bn valuation seals one of China’s fastest AI funding trajectories

TNW | Investors-Funding·Cristian Dina·26 days ago
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Meituan Dragon Ball is leading a $2bn round in the Beijing-based maker of the Kimi chatbot, with China Mobile and CITIC Private Equity Funds participating. The valuation is roughly seven times the figure Moonshot carried sixteen months ago.…

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Distillation Diplomacy: State Department's Cable Names Chinese AI Firms in US IP Theft Escalation
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Distillation Diplomacy: State Department's Cable Names Chinese AI Firms in US IP Theft Escalation

WebProNews·Juan Vasquez·about 1 month ago
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U.S. State Department cable targets DeepSeek, Moonshot AI, and MiniMax for distilling American AI models via massive query floods, escalating IP theft claims into global diplomacy amid White House vows for crackdowns.

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