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
Moonshot AI CEO revealed in an internal memo that the company closed $500M Series C at $4.3B valuation, led by IDG with Alibaba and Tencent oversubscribing. Per the memo: $1.4B cash on hand. Kimi's global paid users up 170% month-over-month. Overseas API revenue jumped 4x afte…
Moonshot AI, the Chinese AI startup behind Kimi K2 model, raised $500M in Series C funding, lifting its valuation to $4.3B. Led by IDG and supported by Alibaba and Tencent, the money will be used to ramp compute and accelerate model development. Moonshot also frames 2026 as an [i…
Another Chinese AI Kimi raising a crazy amount of money This time, unlike Manus, it's still in the hands of Chinese investors (Ali and Tencent) Incredible what they are doing https://x.com/...
MOONSHOT COMPLETES $500 MILLION SERIES C FUNDING, LED BY IDG WITH $150 MILLION; ALIBABA, TENCENT, WANG HUIWEN AND EXISTING INVESTORS OVERSUBSCRIBE, POST-MONEY VALUATION $4.3 BILLION. #CHINA #AI #IPO https://mktnews.com/... [image]