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Moonshot AI

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Kimi developer Moonshot AI valued at US$20b as it navigates China’s new IPO rules
NEWS
5/7/2026

Kimi developer Moonshot AI valued at US$20b as it navigates China’s new IPO rules

Chinese artificial intelligence start-up Moonshot AI has raised about US$2 billion in a new funding round, boosting its valuation to more than US$20 billion as it navigates Beijing’s new listing rules for companies registered overseas. The funding was led by Meituan and involved China Mobile. Over the past six months, Moonshot had raised a total of US$3.9 billion, according to a statement by the deal’s financial adviser HF Capital on Thursday. The Beijing-based company, best known for its Kimi...

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SCMP Economy
DeepSeek V4 Pro Ranks Second Behind Moonshot AI's Kimi in Global Open-Source Benchmark
Tech
4/25/2026AI summary

DeepSeek V4 Pro Ranks Second Behind Moonshot AI's Kimi in Global Open-Source Benchmark

DeepSeek's V4 Pro model ranked second globally among open-source AI models, trailing Moonshot AI's Kimi K2.6, according to benchmark firm Artificial Analysis. While V4 Pro showed improvement over its predecessor V3.2, it still lagged behind top competitors, highlighting challenges facing Chinese AI firms racing to close the gap with the US amid intensifying competition and computing power constraints.

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SCMP Economy
Chinese AI Startup Moonshot AI Releases Open-Source Model Kimi K2.6
Tech
4/21/2026AI summary

Chinese AI Startup Moonshot AI Releases Open-Source Model Kimi K2.6

Moonshot AI has released Kimi K2.6, its latest open-source flagship model featuring upgrades in long-horizon coding, motion-rich front-end generation and agent-based workflows. The company claims the model performs on par with or better than GPT-5.4, Claude Opus 4.6 and Gemini 3.1 Pro across benchmarks, though independent verification remains limited. Artificial Analysis ranks it among the top tier of open-source models globally.

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SCMP Tech
China’s Li Qiang urges faster industrial AI adoption at meeting with Moonshot AI founder
Tech
4/13/2026

China’s Li Qiang urges faster industrial AI adoption at meeting with Moonshot AI founder

Yang Zhilin, founder of fast-rising start-up Moonshot AI, has become the latest artificial intelligence entrepreneur to meet Chinese Premier Li Qiang, as Beijing steps up its push to accelerate the digital transformation of manufacturing. The 32-year-old was among a select group of business leaders and experts invited to a high-level symposium on Friday, where participants offered views on China’s economic resilience and future growth drivers. Li acknowledged that the external environment had...

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SCMP Tech