
Iris Deng / South China Morning Post:
Report: China-based Moonshot AI, which makes Kimi AI models, raised a $500M Series C at a $4.3B valuation led by IDG Capital; Alibaba and Tencent also invested — The Kimi AI model developer is now valued at US$4.3 billion, with cash reserves worth US$1.4 billion

Iris Deng / South China Morning Post:
Report: China-based Moonshot AI, which makes Kimi AI models, raised a $500M Series C at a $4.3B valuation led by IDG Capital; Alibaba and Tencent also invested — The Kimi AI model developer is now valued at US$4.3 billion, with cash reserves worth US$1.4 billion
Source: TechMeme
Source Link: http://www.techmeme.com/260101/p3#a260101p3