Beijing-based Moonshot AI, which launched its AI chatbot Kimi Chat in October 2023, raised $1B+ led by Alibaba and HongShan, reportedly at a ~$2.5B valuation (Ben Jiang/South China Morning Post)

Ben Jiang / South China Morning Post:

Beijing-based Moonshot AI, which launched its AI chatbot Kimi Chat in October 2023, raised $1B+ led by Alibaba and HongShan, reportedly at a ~$2.5B valuation  —  – Beijing-based Moonshot AI, known in Chinese as Yuezhi Anmian, was valued at about US$2.5 billion in its latest funding round