Kimi reportedly nears $2 billion funding round at over $20 billion valuation
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Kimi developer Moonshot AI is nearing a $2 billion funding round, valuing the company at over $20 billion. The round is led by Meituan’s Long-Z Fund, with participation from China Mobile and CPE. This follows three previous funding rounds in early 2023, totaling $1.9 billion, bringing the total raised to over $3.9 billion in less than six months, making it the most-funded startup among China's large model companies.
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