Quartz·2 min read·medium

China's Moonshot AI is seeking a $50 billion valuation in pre-IPO funding talks

Cris Tolomia
AI Summary

Chinese AI startup Moonshot AI is preparing for a final funding round aiming for a $50 billion valuation. The company intends to use this capital to support a potential IPO in Hong Kong later this year.

The Chinese AI startup plans to open discussions in August on a final fundraising round before a Hong Kong listing as soon as this year

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