Per a source, the company closes fundraising round at US$30 billion valuation, as it signals it may go public in next six months.

Moonshot AI targets a Hong Kong IPO at a $20-30 billion valuation as its Kimi K3 model outperforms US rivals, triggering sell-offs in tech stocks and

Moonshot AI told investors it is preparing a Hong Kong IPO in as soon as six months. ARR hit $300M in June. A new funding round values it at over $30 billion.

The Chinese startup unveiled Kimi K3 on Friday, a model that it says delivers performance that rivals top-tier offerings from OpenAI and Anthropic PBC at a fraction of the cost.…