Moonshot AI's Kimi closes $3.5B Series F, valuation rises to $35B; SpaceX short positions exceed $26B

Moonshot AI, developer of the Kimi assistant, completed a $3.5 billion Series F funding round, pushing its post-investment valuation to $35 billion. Meanwhile, short positions on SpaceX have exceeded $26 billion, yielding paper profits of over $7 billion. In other news, China's first domestically produced OLED TDDI chip, ICNA3611 from Allwinner Technology, entered mass production. AI cooking robot company Zhigu Tianchu secured nearly 100 million yuan in funding led by China Merchants Group Ventures. The Chinese foreign ministry responded to US import restrictions on advanced robots, vowing to protect Chinese companies. The Bank of England is reportedly assessing banks' exposure to Asian stocks, particularly those tied to AI-related companies like SK Hynix and TSMC.