[AI]■ STORY TIMELINE

MOONSHOT AI RAISES $2B AT $20B+ VALUATION

Moonshot AI, the Chinese startup behind the Kimi chatbot, secured approximately $2 billion in funding led by Meituan's venture arm, valuing the company at $20 billion or higher. The round reflects strong investor confidence in the company, which reported $200 million in annual recurring revenue in April 2026.

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Moonshot, the Chinese AI startup behind Kimi chatbot, raised ~$2B at a $20B+ valuation led by Meituan's venture arm; Moonshot's ARR topped $200M in April 2026 (Zheping Huang/Bloomberg)

Zheping Huang / Bloomberg: Moonshot, the Chinese AI startup behind Kimi chatbot, raised ~$2B at a $20B+ valuation led by…

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