Moonshot AI is launching its final pre-IPO funding round in August, with a target valuation of up to USD 50 billion.

Citing sources familiar with the matter, Bloomberg reported that Moonshot AI plans to begin discussions in August for its final pre-IPO funding round, targeting a valuation of up to $50 billion. The company is expected to finalize a funding round launched this summer within the next few days at a valuation of $31.5 billion. Following this close, Moonshot AI will immediately engage with potential investors on the next financing round, which is anticipated to be its last capital raise before an initial public offering (IPO). Earlier, Moonshot AI launched Kimi K3, an AI model with 2.8 trillion parameters, whose performance is said to rival the most advanced models from OpenAI and Anthropic, drawing attention from developers and investors alike. Previously

AASTOCKSJul 22 09:22

Express News | China Mobile: Supporting Frontier Technological Innovations such as Optical Interconnect and Optical Computing

BreakingsJul 21 11:03

AI Infrastructure Enters a New Race of 'Optoelectronic Integration' | WAIC Observations

① AI infrastructure is entering a new phase of competition centered on 'optoelectronic integration,' with a notably increased presence of photonic technologies during this year's WAIC; ② Currently, NPO is regarded by the industry as a more pragmatic technical approach for domestically developed GPUs to build super-nodes, the commercialization of CPO is accelerating, and optical computing is entering its market penetration phase; ③ Industrial collaboration capabilities are becoming critical to the development of optoelectronic computing power.

cls.cnJul 20 16:40

Supernodes make their physical debut—this sector is quietly shifting gears!

The computing power race has adopted a new approach.

Gelonghui FinanceJul 20 13:51

Express News | Ministry of Industry and Information Technology: Will strengthen standardized governance of the basic telecommunications market order and effectively curb irrational competition.

BreakingsJul 20 10:48

Express News | Nanjing Lin Kong Industry Development Conference Held; Two Projects Worth Over RMB 10 Billion Each Secured

BreakingsJul 19 16:57