Alibaba Backed Moonshot AI Valuation Reaches $4.8 Billion in New Funding Round

TLDR Moonshot AI’s valuation jumped to $4.8 billion from $4.3 billion in December, a $500 million increase in just weeks The Chinese AI startup behind Kimi chatbot is closing a new funding round with backing from Alibaba, Tencent, and IDG Capital Rival Chinese AI companies Zhipu and MiniMax recently went public in Hong Kong with [...]

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