Moonshot AI targets a $30B+ valuation in its final pre-IPO round after Kimi K3 launch rattles Bitcoin and tech stocks with frontier AI at 1% the

Moonshot AI launched the Kimi K3 model, challenging U.S. competitors. Anthropic's valuation hitting $1.25T by December at 91% YES.

Moonshot AI's Yang Zhilin unveiled Kimi K3 at GTC 2026, a 2.8T-parameter open-weight AI model backed by $2B in funding and a $20B valuation.