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15 hours agoChina's Moonshot AI raises $2B at $20B valuation as demand for open source AI skyrockets | TechCrunch
Moonshot AI, the Beijing-based AI lab developing the popular Kimi series of open-weight large language models, has raised about $2 billion at a valuation of $20 billion, according to a post by Huafeng Capital, which advised some investors who participated in the round. The round was led by Chinese food delivery company Meituan's VC arm, Long-Z Investment.
Artificial intelligence