Moonshot AI, the Chinese developer of the Kimi chatbot, has reportedly opened a G-round pre-IPO financing at a valuation of $50 billion. A person familiar with the deal said investor interest intensified after Kimi K3 launched, with institutions registering intended commitments.
The same source said reports that Moonshot planned to file for a Hong Kong IPO this month were untrue, while the G round was still underway. Moonshot has not publicly confirmed the financing, and the amount being raised has not been disclosed. [21Finance, in Chinese]
