Moonshot AI Hits Massive $35 Billion Valuation

The Beijing startup secured much more funding than they first planned. Investors are betting big on the company as its value reaches $35 billion.

They are already talking to backers about another round of funding. This could push their value to $50 billion before they go public.

This will be their last move before hitting the stock market. The team hopes to launch an IPO in Hong Kong later this year.