PANews reported on June 8th that, according to Bloomberg, Chinese AI startup Moonshot AI is seeking to raise up to $2 billion in a new funding round, aiming for a valuation of $30 billion. The company, which developed the Kimi chatbot, has already held preliminary talks with potential investors. This funding round comes as Moonshot AI is nearing the completion of a funding round led by Meituan, which valued the company at $20 billion. If the latest funding target is achieved, the company's valuation will increase sevenfold from $4 billion last December.

The Dark Side of the Moon's annual recurring revenue exceeded $200 million in April. The company is dismantling its offshore structure in preparation for a Hong Kong IPO and plans to allow offshore investors to continue participating through a joint venture structure.