11:00 - 22.07.2026

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July 22, Fineko/abc.az. Chinese AI developer Moonshot AI is preparing to launch its final investment round in August ahead of its planned IPO in Hong Kong.

Amid the high popularity of its new AI model Kimi K3 with 2.8 trillion parameters, the company expects to increase its business valuation up to $50 billion.

Startup's annual recurring revenue reached $300 million in June, and daily sales increased at least 6-fold after the release of Kimi K3. This round is to be the final stage of private capital raising before company's public offering this year.