Moonshot AI is closing a $31.5bn round and lining up another at up to $50bn before a Hong Kong IPO, riding Kimi K3, even as open-weight AI loses money.

Moonshot AI plans a Hong Kong IPO within six months at a $30B valuation after launching its Kimi K3 model, with implications for tech stocks and crypto

Moonshot AI plans a Hong Kong IPO after Kimi K3 topped global AI benchmarks, as the startup targets a $30 billion valuation and rapid growth.

An IPO would mark a milestone for the fast-growing startup co-founded in early 2023. Read more at straitstimes.com. Read more at straitstimes.com.

"Meanwhile, sentiment toward AI stocks and hyperscalers' capex binge keeps weakening..."

Moonshot AI plans a Hong Kong IPO at up to $30 billion valuation after its Kimi K3 model with 2.8 trillion parameters triggered US tech stock selloffs.

Outperforming all rivals except the most powerful, Moonshot’s K3 proves open models can compete with closed ones for high-value tasks.

Days after Kimi K3 rattled chip stocks, Moonshot is moving toward a Hong Kong listing at a $30 billion-plus valuation while Alibaba's Qwen goes open-weight.

Moonshot AI, la startup cinese dietro il rivoluzionario modello Kimi K3, punta a un’IPO a Hong Kong entro sei mesi, cavalcando l’onda di una crescita esplosiva e di una…

Moonshot AI's Kimi K3 launches with 2.8 trillion parameters at half the cost of US rivals, rattling Nasdaq and sparking decentralized compute discussions.

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.…

Moonshot AI paused Kimi K3 subscriptions after a sixfold demand surge, as the $20B startup prepares for a Hong Kong IPO targeting over $30B valuation.

Will startup give AI industry another 'DeepSeek moment'?

Kimi K3 beats most AI models, except OpenAI's GPT-5.6 and Anthropic's Claude Fable 5. Moonshot is now seeking a valuation of over $30 billion ahead of an IPO.

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, the developer of the Kimi chatbot, reportedly plans to begin talks in August for a final pre-IPO funding round targeting a pre-money

Beijing start-up reportedly preparing to begin last private capital raise as it makes preparations for Hong Kong listing

Moonshot AI is closing a $31.5bn round and lining up another at up to $50bn before a Hong Kong IPO, riding Kimi K3, even as open-weight AI loses money.

Moonshot AI is reportedly seeking a final round of fundraising in August, before listing in Hong Kong, at a valuation of nearly $50 billion.