Moonshot AI reportedly opens $50 billion pre-IPO round as Kimi K3 drives demand

Moonshot AI, the Chinese developer of the Kimi chatbot, has reportedly opened a G-round pre-IPO financing at a $50 billion valuation, with investor interest intensifying after the launch of Kimi K3. A person familiar with the deal said reports of a Hong Kong IPO this month were untrue, and the amount being raised has not been disclosed.

Moonshot AI, the Chinese developer of the Kimi chatbot, has reportedly opened a G-round pre-IPO financing at a valuation of $50 billion. A person familiar with the deal said investor interest intensified after Kimi K3 launched, with institutions registering intended commitments. The same source said reports that Moonshot planned to file for a Hong Kong IPO this month were untrue, while the G round was still underway. Moonshot has not publicly confirmed the financing, and the amount being raised has not been disclosed. 21Finance https://m.21jingji.com/article/20260805/herald/bfd8eb1595bd0c346d354193f50d2080.html , in Chinese