
Moonshot AI, the Chinese company behind the Kimi chatbot, targets a $30 billion valuation in a new funding round, more than six times its late-2025 worth of $4.3 billion. The firm aims to raise $1-2 billion. Annual recurring revenue doubled to roughly $200 million by April. Moonshot competes with DeepSeek, Alibaba, and MiniMax.
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Kimi valuation hits $30 billion in six months
Summary by ByteBrief