Moonshot AI reportedly closed $3.5B round at $35B valuation

Moonshot AI raised about $3.5 billion at a $35 billion valuation — roughly twice the upper end of its initial $1–2 billion target, per The Information. The Beijing-based startup is also reportedly seeking more Nvidia Blackwell chips to train its next model, Kimi K4.
1 source
Daily brief
Get tomorrow's AI brief in your inbox
More stories today
- AI model checked against the Will Smith benchmark
- Qwen Code ships v0.21.3-nightly with history pagination fix
- GraphGen generates synthetic QA pairs using knowledge graphs
- DeepSeek OCR web app processes PDFs and preserves LaTeX formatting
- Guide details Krea 2 Turbo prompting guidelines for art styles