Moonshot AI reportedly opens pre-IPO round at $50 billion valuation as Kimi K3 drives demand

Moonshot AI, the Chinese developer of the Kimi chatbot, has reportedly opened a G-round pre-IPO financing at a valuation of $50 billion. A person familiar with the deal said investor interest intensified after Kimi K3 launched, with institutions registering intended commitments. The same source said reports that Moonshot planned to file for a Hong Kong IPO this month were untrue, while the G round was still underway.