China’s AI race just got even more interesting.
Moonshot AI is reportedly closing a private funding round at around a $50B valuation — and could be heading for a Hong Kong IPO in Q1 next year, potentially raising up to $5B.
What really caught my eye? 👀
Its revenue is reportedly racing toward $2B ARR by December, up from $1B today.
With Alibaba, Tencent and major global banks already in the picture, this could become one of Hong Kong’s biggest AI listings.
🔥 Would you buy Moonshot at a $50B valuation — or is that already too expensive?
#BinanceSquare
Moonshot AI is reportedly closing a private funding round at around a $50B valuation — and could be heading for a Hong Kong IPO in Q1 next year, potentially raising up to $5B.
What really caught my eye? 👀
Its revenue is reportedly racing toward $2B ARR by December, up from $1B today.
With Alibaba, Tencent and major global banks already in the picture, this could become one of Hong Kong’s biggest AI listings.
🔥 Would you buy Moonshot at a $50B valuation — or is that already too expensive?
#BinanceSquare