Moonshot AI wants a $30bn valuation six months after being worth $4bn. That tells you everything about China’s AI funding race. (opens in new tab)

Moonshot AI, the Beijing-based developer of the Kimi chatbot, is seeking as much as $2 billion in a new funding round that would value the company at $30 billion, Bloomberg reported on Sunday. If the round closes at that target, it would mark a seven-fold increase in capitalisation since December, when the startup was valued at just […] at The Next Web