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Hot Chinese AI start-up Moonshot in talks for new funding, boosting valuation to US$3 billion
By Jerry
Chinese artificial intelligence (AI) start-up Moonshot AI is in talks with investors for additional financing that would value it at more than US$3 billion, making it the highest valued start-up of China’s so-called Four New AI Tigers, according to a person familiar with the matter.
The person, an investor at a local venture capital fund that backs Moonshot AI, declined to be named due to the sensitivity of the matter. Moonshot AI’s latest funding was first reported by local news outlet TMTPost.
Source: TRADE FINANCE
