Anthropic caught scientists using Claude to further biological weapon research1h ago Oracle says AI will save it from the SaaSpocalypse, not bring it on1h ago Congress Is Suddenly Waking Up to the AI Doomsday Threat2h ago Don’t ask ChatGPT 'What should I do?' — this simple prompt helps you make better decisions yourself2h ago Extreme Networks’ Agent ONE Coworker moves AI networking from dashboards to answers2h ago Introducing ChatGPT for Financial Services2h ago Tesla unveils driverless Cybercab in Japan for 1st time2h ago The AI safety vibe shift3h ago Sam Altman met with top power utilities about securing the electrical grid. He offered one possible solution: OpenAI's cyber services.3h ago OpenAI Is Open to Slowing Cutting-Edge AI, CEO Sam Altman Tells Staff3h ago Tencent-Backed Chipmaker Enflame Jumps 188% in Shanghai Debut3h ago Salesforce introduces Enterprise AI Harness, AI Control Plane3h ago The Race for the Next Big Weight-Loss Drug Is On—and China Wants In4h ago How Social Media Platforms Are Identifying AI Content4h ago

Anthropic caught scientists using Claude to further biological weapon research1h ago Oracle says AI will save it from the SaaSpocalypse, not bring it on1h ago Congress Is Suddenly Waking Up to the AI Doomsday Threat2h ago Don’t ask ChatGPT 'What should I do?' — this simple prompt helps you make better decisions yourself2h ago Extreme Networks’ Agent ONE Coworker moves AI networking from dashboards to answers2h ago Introducing ChatGPT for Financial Services2h ago Tesla unveils driverless Cybercab in Japan for 1st time2h ago The AI safety vibe shift3h ago Sam Altman met with top power utilities about securing the electrical grid. He offered one possible solution: OpenAI's cyber services.3h ago OpenAI Is Open to Slowing Cutting-Edge AI, CEO Sam Altman Tells Staff3h ago Tencent-Backed Chipmaker Enflame Jumps 188% in Shanghai Debut3h ago Salesforce introduces Enterprise AI Harness, AI Control Plane3h ago The Race for the Next Big Weight-Loss Drug Is On—and China Wants In4h ago How Social Media Platforms Are Identifying AI Content4h ago

Machine Learning5 min reading time

Moonshot AI Blows Past Its Funding Target Ahead of a Hong Kong IPO

Unite.AIPublished Jul 29, 2026

Moonshot AI secured $3.5 billion in funding, valuing it at $35 billion, surpassing its initial target. The Beijing-based lab plans a Hong Kong IPO later this year and is developing its large-scale Kimi K3 model with 2.8 trillion parameters.

More on this story

Moonshot is chasing a $50bn valuation, and it wants two funding rounds to get there
Jul 22· The Next Web
Moonshot plans to list in Hong Kong within six months at a $30 billion valuation
Jul 19· The Next Web

#hong-kong #kimi-k3 #large-language-models #model-training-infrastructure #moonshot-ai

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