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The Nexus
BUSINESSJul 22 · 04:05 UTCSCMP CHINABen Jiang

Kimi K3 developer Moonshot AI expedites fundraising ahead of planned IPO, source says

Moonshot AI, developer of the Kimi K3 model, is accelerating fundraising ahead of a planned Hong Kong IPO, aiming for a $30 billion valuation. The company's recent model release has drawn comparisons to 'DeepSeek moment' discussions.

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