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AI TRENDS | Moonshot AI Seeks Hong Kong IPO Approval as Valuation Tops $30 Billion

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2026-07-20 07:19:57
Moonshot AI is seeking shareholder approval for a Hong Kong IPO within six months, as a funding round could lift its valuation above $30 billion. According to NS3.AI, demand for Kimi K3 pushed annual recurring revenue to $300 million and forced a temporary pause on new subscriptions.
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