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.…
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.