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Moonshot AI secures $50bn valuation before planned 2027 IPO
Chinese AI firm Moonshot AI has reportedly concluded its latest private funding round with a valuation of $50 billion and is preparing for a Hong Kong initial public offering in 2027. The company is said to be targeting up to $5 billion in its public offering and has already submitted a confidential filing. Moonshot gained recognition this year following the release of its Kimi K3 open-weight AI model.
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