Velocity
Moonshot AI

Moonshot AI

AI · large language models · China tech

China's Moonshot AI raises $3.5B, hits $35B valuation

July 29, 2026$3.5B

The startup's oversubscribed round follows Kimi K3, an open-weight model that briefly rattled global tech and chip stocks by matching Western rivals.

Lead Investors

National Artificial Intelligence Industry Investment Fund

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