Moonshot AI raises 2 billion valued above 20 billion in Meituan led round

Meituan is betting billions on Kimi’s next leap

Moonshot AI, maker of the Kimi chatbot, has raised roughly $2 billion in a fresh funding round that lifts its valuation to more than $20 billion. The round is led by Meituan’s venture arm, signaling growing investor confidence in Chinese AI firms aiming to challenge Silicon Valley incumbents.