The facts
Moonshot AI at a glance.
Read Oct 20, 2026. Valuations and amounts are copied as each source states them; a figure that is only reported (talks, or people familiar with the deal) is labeled as reported.
- Kind of company
- New frontier labsStart-ups building general AI models to rival the biggest labs.
- Based in
- China
- Founded
- 2023Jiemian
- Last closed-round valuation
- No confirmed valuation
- Reported valuation
- Reported $35B, not confirmed by the companyUSD35 billion (Yicai Global, people familiar, Jul 30, 2026)
- What it has shipped
- Has a model or API
Founders
- Yang Zhilin: former Google Brain and Meta AI researcher (Jiemian)
Has confidentially filed for a Hong Kong IPO, according to two people with knowledge of the matter, targeting a listing as early as Q1 2027; a final pre-IPO round could value it at around US$50 billion. Sep 3, 2026
South China Morning Post, Sep 3, 2026
What it has built
Shipped, or not yet.
“Has a model or API” is what our search found: something the public can use or buy, a model or API, research only, or nothing public.
Kimi K3, 2.8T-parameter model, via Kimi.ai, Kimi Code and API; weights promised by 2026-07-27
Source3 rounds
Funding, as reported.
Every round we found, with the amount, valuation and investors as the source states them.
| When | Round | Amount | Valuation | Investors named | Source |
|---|---|---|---|---|---|
| Jan 1, 2026 | Series C (reported) | US$500 million | US$4.3 billion | IDG Capital (lead, US$150 million), Alibaba, Tencent | South China Morning Post, citing LatePost |
| Jun 8, 2026 | Round nearing close (reported) | about $2 billion | $20 billion post-money | Meituan Long-Z Capital (lead) | Bloomberg (via Bloomberg Law), people familiar |
| Jul 30, 2026 | Unnamed (reported) | more than USD3.5 billion | USD35 billion | None named | Yicai Global, people familiar |
Outside checks
What others have found.
- Arena.ai ranked Kimi K3 first on its Code Arena WebDev leaderboard with a preliminary 1,679 Elo, as reported by DeepLearning.AI's The Batch. (DeepLearning.AI (The Batch), Jul 24, 2026)
Our note: Every 2026 valuation is from reports citing unnamed sources, not company confirmation. Still private as of the latest page fetched, but an IPO filing is reported. SCMP is owned by Alibaba, a Moonshot investor (SCMP discloses this). Jiemian page has no visible date (image path suggests 2026-05-07). Jiemian also reports ARR above $200 million in April 2026.
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