Moonshot AI, the Chinese company behind the Kimi chatbot, is looking for a valuation of up to $30 billion in a new funding round.

The developer of the Kimi chatbot has held early talks with prospective investors to raise more than $1 billion, people familiar with the matter said. The discussions have begun…

Kimi developer Moonshot AI seeks $2bn at a $30bn valuation, its third round in six months. DeepSeek wants $59bn. Zhipu sits at $80bn. China's AI funding race is accelerating.