FinanceBusiness & Enterprise5 min reading time

Export controls went after China’s chips. They never touched the capital, and Moonshot is reportedly seeking $5bn.

The Next Web
Read full post
Moonshot AI is planning a Hong Kong IPO potentially raising up to $5 billion, with Bank of America and other major banks involved, despite US export controls targeting chips rather than capital. This move follows earlier Hong Kong listings by Chinese AI firms Zhipu and MiniMax earlier this year.

More in Finance

Sources: DOJ is investigating whether Nvidia tried to skirt antitrust scrutiny of its 2025 Groq deal, described by Groq as a "nonexclusive licensing agreement" (New York Times)

Covered by 3 sources

Ant International, Visa, and Mastercard plan a new standard for payments made via AI agents, citing McKinsey's projection of $3T to $5T in commerce by 2030

Covered by 2 sources
Finance6 min read

Anthropic Releases Interactive Model of AI’s Possible Economic Futures

Covered by 4 sources