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The Nexus
BUSINESSJun 8 · 08:30 UTCSCMP CHINABen Jiang

Moonshot AI eyes US$30 billion valuation as China’s AI race intensifies

Moonshot AI, developer of China's Kimi chatbot, is seeking to raise $1-2 billion in a new funding round targeting a $30 billion valuation, up from its previous $20 billion valuation, as competition among China's leading AI developers intensifies.

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