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US · 3 hrs ago
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China’s Moonshot AI raises $2B at $20B valuation as demand for open-source AI skyrockets
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Chinese AI startup Moonshot has raised $2 billion in funding at a $20 billion valuation, with the company reporting $200 million in annualized recurring revenue driven by strong demand for its open-source AI offerings.
China’s Moonshot AI raises $2B at $20B valuation as demand for open-source AI skyrockets
Moonshot's annualized recurring revenue topped $200 million in April, driven by rapid growth in paid subscriptions and API usage.
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