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Hot Chinese AI start-up Moonshot in talks for new funding, boosting valuation to US$3 billion

Moonshot AI is in talks with investors for additional funding that will boost its valuation by US$500 million over its previous round in February.

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Chinese AI start-ups power ahead in the race to overtake ChatGPT

Chinese AI start-ups power ahead in the race to overtake ChatGPT
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Moonshot AI s chatbot on course to catch Baidu s ERNIE Bot, usage figures show · TechNode

Moonshot AI s chatbot on course to catch Baidu s ERNIE Bot, usage figures show · TechNode
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China s Moonshot AI zooms to $2 5B valuation, raising $1B for an LLM focused on long context

The race to build the next big large language model is on, and now a contender out of China has reportedly banked a major round of funding to catapult it to the front of the pack. Moonshot AI, an artificial intelligence startup founded less than a year ago building LLMs that can handle long inputs of text and data, has raised over $1 billion in a Series B round, according to multiple media reports out of China. If accurate, this latest injection of capital would value Moonshot AI at $2.5 billion the largest single funding round for Chinese LLM developers on public record.

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Alibaba and Meituan back new Chinese AI startup valued at $2 5 billion valuation · TechNode

Alibaba and Meituan back new Chinese AI startup valued at $2 5 billion valuation · TechNode
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