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Moonshot AI Raises $2 Billion at $20 Billion Valuation, Led by Meituan

AI Industry News

2026-05-07 07:11:30

According to Bloomberg, Moonshot AI, the Beijing-based startup behind the Kimi chatbot, raised approximately $2 billion in a funding round led by Meituan's venture arm Long-Z Investments, valuing the company at more than $20 billion. The company's annual recurring revenue exceeded $200 million in April, according to HF Capital, which advised some backers in the round.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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