Discussions Underway for Moonshot AI to Secure Funding and Increase Valuation to $3 Billion
Tuesday, 21 May 2024, 11:30
Chinese AI Startup Moonshot in Funding Discussions
Moonshot AI is actively engaging with potential investors to secure additional funding, which will lead to a notable increase in its valuation.
Valuation Set to Reach $3 Billion
The funding discussions are anticipated to boost Moonshot AI's valuation to a substantial $3 billion, reflecting a significant increase of $500 million compared to its valuation after the round in February.
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