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AI infra

The full thread of our Moonshot AI coverage — a running record of every development we've tracked, with the VC take on each.

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Jun 8, 2026
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  1. AIMoonshot's Kimi K3 Erases America's AI Lead→
  2. FUNDINGMoonshot AI Seeks $2B at a $30B Valuation -- China's Kimi Maker 7x's in Six Months→

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AI$31.5B valuation (reported)

Moonshot's Kimi K3 Erases America's AI Lead

Chinese startup Moonshot AI released Kimi K3, a 2.8-trillion-parameter open model that topped a leading benchmark ahead of Claude and GPT-5.6, prompting Axios to declare China has erased America's AI lead.

Jul 17, 2026
FUNDING$2B

Moonshot AI Seeks $2B at a $30B Valuation -- China's Kimi Maker 7x's in Six Months

Beijing's Moonshot AI, the lab behind the Kimi chatbot, is in talks to raise up to $2B at a $30B valuation -- its third financing in six months and a roughly 7x markup from December 2024. With ARR past $200M, it's now in the front rank of Chinese labs chasing OpenAI and Anthropic.

Jun 8, 2026