Moonshot AI reportedly closes $3.5 billion round at $35 billion valuation

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Moonshot AI has reportedly closed a funding round that raised about $3.5 billion and valued the Beijing-based company at $35 billion. The round was roughly twice the upper end of the $1 billion to $2 billion target the company had initially set. The financing comes as Moonshot prepares for another private round that could value[…[…
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