Moonshot AI Raises $2 Billion at $20 Billion Valuation Amid Rising Demand for Open-Source AI
Moonshot AI, a Beijing-based AI lab, has raised $2 billion at a $20 billion valuation, led by Meituan's VC arm and other major investors. The company, known for its Kimi series of open-weight large language models, has seen rapid growth in revenue and user adoption, with its latest model ranking second on OpenRouter. The fundraising reflects growing investor interest in open-source AI models from Chinese labs.
Topics: AI China funding Moonshot AI open-source models