Moonshot AI seeks $1 billion in new funding, with valuation potentially reaching $18 billion.

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Moonshot AI, a Chinese AI startup, is in discussions for a new funding round targeting up to $1 billion, which could value the company at $18 billion. Known for its Kimi chatbot, the company previously raised $500 million in late 2025 and $700 million in February 2026, with major investors including Alibaba and Tencent. The funding news underscores the rapid growth in the AI and crypto sectors as Moonshot AI seeks to scale. Investors for the new round have not yet been disclosed.

According to ChainCatcher, Chinese AI startup Moonshot AI is seeking a new round of funding with a target of up to $1 billion, which would value the company at approximately $18 billion. The investors participating in this round have not yet been confirmed. Moonshot AI’s flagship product is the Kimi chatbot. Following its $500 million funding round at the end of last year, the company was valued at $4.3 billion; in February this year, it raised an additional $700 million, raising its valuation to $10 billion, with both Alibaba and Tencent participating in that round.

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