Moonshot AI Closes $2 Billion Round at $20 Billion Valuation, Doubling in Months as Meituan-Led Investors Bet on Open-Weight Kimi
The Beijing lab behind Kimi K2.6 raised $2 billion led by Meituan's Long-Z Investments, lifting its valuation to $20 billion and bringing six-month funding to $3.9 billion as ARR cleared $200 million.
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