PANews, March 14: According to the Science and Technology Daily, Moonshot AI's Kimi has seen its latest valuation rise to $18 billion (approximately RMB 124.355 billion), quadrupling in value within three months. Additionally, a new round of funding totaling $1 billion (approximately RMB 6.909 billion) is currently underway. Within less than three months, Kimi has completed three funding rounds, setting a new record for the most consecutive funding rounds by a domestic large model in recent years and becoming China’s fastest-growing unicorn to surpass a $10 billion valuation. Earlier this month, data from global payment platform Stripe showed that Kimi’s individual subscription payment orders experienced explosive growth in January and February. In January, individual user payment orders increased by 8,280% month-over-month, and in February, they rose a further 123.8% month-over-month.
Kimi by Moonshot Targets $10 Billion Funding Round, Valuation Rises to $18 Billion
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Summary
Moonshot’s Kimi is raising $10 billion (6.909 billion RMB) in a new funding round, with funding rates accelerating as its valuation reaches $18 billion (124.355 billion RMB). The AI model has secured three funding rounds in under three months, becoming China’s fastest unicorn to reach a $100 billion valuation. Stripe data shows Kimi’s individual subscription payments surged 8,280% in January and rose 123.8% in February. With this momentum, altcoins to watch may include tokens tied to AI-driven platforms.
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