# ChineseAI

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#MoonshotAIReportedlyInPreIPOAt50Billion
Moonshot AI to Seek Pre-IPO Funding at $50 Billion Valuation
Chinese AI Startup Moonshot AI plans to start pre-IPO funding talks in August with a $50 billion pre-money valuation, signaling robust investor confidence and one of the highest private valuations for any AI company globally, Bloomberg reports.
The Funding Journey
Sources close to Moonshot indicate that the startup is on the verge of closing its current summer fundraising round (at a valuation of around $31.5 billion) within the coming days. This fundraising will likely be followed immediatel
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