Moonshot AI Raises $2 Billion, Valuation Surges Past $20 Billion as Kimi Chatbot Revenue Tops $200 Million
Chinese AI startup Moonshot AI raises $2 billion in a new funding round, catapulting its valuation past $20 billion as its Kimi chatbot drives over $200 million in annual recurring revenue, signaling explosive growth in China's competitive AI race against global giants like OpenAI and Anthropic.