AI firm Moonshot files for Hong Kong IPO

The Manila Times 20 h Philippines

HONG KONG ─ Chinese AI startup Moonshot has confidentially filed for a Hong Kong initial public offering, joining a slew of domestic and global rivals in pursuing a public listing, said three people with knowledge of the plans. The developer of popular AI large language model Kimi is aiming to raise $3 billion, one of the people said. It has been valued at $50 billion in an ongoing funding round,

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