AIBloomberg Techabout 9 hours ago
Moonshot AI Plans $30B Hong Kong IPO
1 min read
Moonshot AI is preparing a Hong Kong IPO within six months at a valuation over $30 billion. Annual recurring revenue hit $300 million in June. The Kimi K3 model, a 2.8-trillion-parameter open-weight model that matched US frontier labs, accelerated the timeline. CICC and Goldman Sachs are in talks to work on the offering.
Level
Hype check
Tap to vote and see what everyone thinks.
Summary by ByteBrief
