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Moonshot AI’s IPO needs a new story after Kimi K3
Kimi K3 has pushed Moonshot AI closer to the frontier, but that advantage may prove fleeting as compute becomes the next constraint.
7 mins read
Moonshot AI
Investors in the AI company’s latest round are seeking exposure before a potential listing that could come as early as the end of 2026.
Chinese AI model developers agree on multimodality’s long-term value, but not on when its benefits justify the cost.
The Kimi developer last raised funds at a USD 35 billion valuation and is seeking a higher price tag as it prepares to list.
Surging post-IPO market caps are setting new valuation anchors and reshaping investor expectations.
Global paying users were reported to have quadrupled within days of K2.5’s launch.
The Beijing-based startup is set for a valuation increase as investor interest in Chinese AI companies strengthens.
Yang Zhilin, founder of Moonshot AI, also unveiled K0-math, a new model designed for mathematical reasoning.