Foreign Media: Chinese AI startup Moonshot AI is seeking a new round of financing worth up to $1 billion, with a valuation of about $18 billion, having more than quadrupled in value within three months.
The company developed the Kimi intelligent assistant, which has completed over $700 million in financing earlier this year, with a valuation of $10 billion; while the valuation was only $4.3 billion during its financing at the end of last year.
This rapid rise reflects the strong momentum of Chinese AI developers catching up with Silicon Valley leaders, and the continued enthusiasm of the capital market for domestic large model enterprises.
Original article: toutiao.com/article/1859643619540040/
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