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BackChina’s Moonshot AI raises $2B at $20B valuation as demand for open source AI skyrockets
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TechCrunch07.05.2026TechUnited States

China’s Moonshot AI raises $2B at $20B valuation as demand for open source AI skyrockets

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Moonshot's annualized recurring revenue topped $200 million in April, driven by rapid growth in paid subscriptions and API usage.

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