Nintendo's latest sale is 'made possible' by the tariff refunds it's hoarding38m ago Instagram now lets you add tagged photos to your profile grid39m ago Meta Announces Muse AI Agent for Personal Tasks and Organization39m ago AI agents are flooding public services with new requests45m ago Apple’s first foldable is the iPhone Duo, and it costs $1,99945m ago An Anthropic researcher just quit, saying OpenAI and Anthropic are 'gambling with our lives'47m ago Anthropic Is Building a Huge Surveillance System to Spy on Anti-AI Activists and Predict Their Activities55m ago Antioch raises $32m to test robots in simulation before they touch hardware1h ago OpenAI’s Bubeck denies trying to cut Anthropic mathematician from credit1h ago 10 of the scariest AI villains in movie history1h ago Maven Robotics wants to steal your robot deployment deal1h ago Agent Security Is Not AI Governance: Why Conflating The Two Is A Risk Enterprises Can't Afford1h ago Positron Valued at $5 Billion in New Funding as Demand for AI Chips Surges2h ago 7 Steps to Become a Forward Deployed Engineer in 20262h ago

Nintendo's latest sale is 'made possible' by the tariff refunds it's hoarding38m ago Instagram now lets you add tagged photos to your profile grid39m ago Meta Announces Muse AI Agent for Personal Tasks and Organization39m ago AI agents are flooding public services with new requests45m ago Apple’s first foldable is the iPhone Duo, and it costs $1,99945m ago An Anthropic researcher just quit, saying OpenAI and Anthropic are 'gambling with our lives'47m ago Anthropic Is Building a Huge Surveillance System to Spy on Anti-AI Activists and Predict Their Activities55m ago Antioch raises $32m to test robots in simulation before they touch hardware1h ago OpenAI’s Bubeck denies trying to cut Anthropic mathematician from credit1h ago 10 of the scariest AI villains in movie history1h ago Maven Robotics wants to steal your robot deployment deal1h ago Agent Security Is Not AI Governance: Why Conflating The Two Is A Risk Enterprises Can't Afford1h ago Positron Valued at $5 Billion in New Funding as Demand for AI Chips Surges2h ago 7 Steps to Become a Forward Deployed Engineer in 20262h ago

Machine Learning5 min reading time

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

Unite.AIPublished Jul 29, 2026

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.

More on this story

Moonshot is chasing a $50bn valuation, and it wants two funding rounds to get there
Jul 22· The Next Web
Moonshot plans to list in Hong Kong within six months at a $30 billion valuation
Jul 19· The Next Web

#hong-kong #kimi-k3 #large-language-models #model-training-infrastructure #moonshot-ai

More in Machine Learning

Machine Learning3 min read

Nvidia and Palantir fine-tune a 30B Nemotron model for Nvidia’s supply chain. It beats a model 18 times its size.

Covered by 3 sources7h ago

Machine Learning6 min read

CoreWeave Puts Field Engineers Inside Customer Teams for Physical AI

Covered by 2 sources3h ago

Machine Learning2 min read

Weatherwatch: AI model beats standard methods at predicting cyclones

The Guardian11h ago