China’s Moonshot AI raises $2B at $20B valuation as demand for open-source AI sk

Kimi-maker Moonshot AI targets $2 billion in annual revenue

Moonshot's annualized recurring revenue topped $200 million in April, driven by rapid growth in paid subscriptions and API usage.

China's Moonshot unveils world's largest open AI model, closing in on US rivals reut.rs/4f7IXJi

China’s leading AI companies are ramping up pressure on Silicon Valley, as Moonshot and Alibaba unveiled models they claim can go toe-to-toe with the best from OpenAI and

Chinese startup Moonshot's AI model breaks out of testing environment, researchers say reut.rs/4g22sSL

The AI neocloud provider, which specializes in hosting open source models, last raised at a $3.3 billion valuation in early 2025.