Moonshot AI seeks $30bn valuation, 7x jump in six months

This article was published on June 8, 2026 The Kimi chatbot developer is seeking $2 billion in its third round since December, as Chinese AI labs race to match the capitalisation of their American rivals before IPO windows open. TL;DRMoonshot AI is seeking a $30bn valuation in its third funding round in six months, up from $4bn in December. The Kimi developer’s ARR topped $200m in April as Chinese AI labs race to match American peers before IPO windows open. Moonshot AI is seeking a $30bn valuation in its third funding round in six months, up from $4bn in December. The Kimi developer’s ARR topped $200m in April as Chinese AI labs race to match American peers before IPO windows open. Moonshot AI, the Beijing-based developer of the Kimi chatbot, is seeking as much as $2 billion in a new funding round that would value the company at $30 billion, Bloomberg reported on Sunday. If the round closes at that target, it would mark a seven-fold increase in capitalisation since December, when the startup was valued at just over $4 billion. The discussions have begun while Moonshot is still closing a previous round led by Meituan that valued it at $20 billion. That makes this the company’s thir