China's Moonshot AI achieved a $35 billion valuation after unveiling the Kimi K3, a breakthrough model rivaling top-tier systems from Anthropic PBC and OpenAI.

It is now reaching out to potential backers for a new funding round at a US$50 billion pre-money valuation. Read more at straitstimes.com. Read more at straitstimes.com.

Moonshot AI raised $3.5B in its latest funding round at a $20B valuation, as the Kimi chatbot maker eyes a $30B target and potential Hong Kong