Business & Market 🇨🇳 09.08.2026 14:02

Kimi's Valuation Soars to $30 Billion as It Opens a New Funding Round

Moonshot AIMoonshot AI
Moonshot AI, the developer of the Kimi assistant, has seen its valuation surge to $30 billion and has launched a new funding round. The report from Sina Finance also mentions competition with other Chinese AI firms such as Minimax.
According to a report from Sina Finance, Kimi, the AI assistant developed by Moonshot AI (also known as Yuezhianmian), has reached a valuation of $30 billion and has initiated a new round of financing. The news highlights the rapid growth of Moonshot AI in the competitive Chinese AI market, where it faces rivals like Minimax. The report also references open-source models as part of the broader industry context.
Source: Moonshot Kimi (GNews) — original
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