Machine Learning5 min reading time

Moonshot AI Blows Past Its Funding Target Ahead of a Hong Kong IPO

Unite.AI
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Moonshot AI secured $3.5 billion in funding, valuing it at $35 billion, surpassing its initial target. The Beijing-based lab plans a Hong Kong IPO later this year and is developing its large-scale Kimi K3 model with 2.8 trillion parameters.

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