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Moonshot AI Raises USD2B in Latest Funding Round, Valuation Swells to USD20B+
The venture capital arm of MEITUAN-W (03690.HK) led the latest funding round of an AI startup Moonshot AI, raising approximately USD2 billion and lifting its valuation to above USD...
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Moonshot AI Raises USD2B in Latest Funding Round, Valuation Swells to USD20B+
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The venture capital arm of MEITUAN-W (03690.HK)  -3.000 (-3.501%)    Short selling $888.09M; Ratio 25.992%   led the latest funding round of an AI startup Moonshot AI, raising approximately USD2 billion and lifting its valuation to above USD20 billion, according to a statement from financial advisory firm HF Capital.

The statement noted that Moonshot AI's annual recurring revenue exceeded USD200 million, thanks to subscriptions to its Kimi chatbot and AI model services.

Related News Citi: BABA-W (09988.HK) Top Pick for China AI Investment; Alibaba Cloud's Full-Stack AI Capabilities Strong
Investors in Moonshot AI include BABA-W (09988.HK)  -5.600 (-4.061%)    Short selling $1.91B; Ratio 15.870%   and TENCENT (00700.HK)  +1.500 (+0.330%)    Short selling $1.56B; Ratio 12.851%   .
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-15 16:25.)

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