Moonshot AI
Chinese lab behind the Kimi chatbot and the Kimi open models.
- Revenue
- Annual recurring revenue above $200M in April 2026 (reported)
- Value
- $35B after a $3.5B round in July 2026 (Bloomberg, reported). Pre-money of $30B sought in June 2026
- Growth
- ARR reportedly rose from above $100M in March to above $200M in April 2026. Reports conflict on later ARR
- Based in
- Beijing, China
- Listed
- Private
Kimi K3 launched in July 2026 and is reported to be driving growth.
Figures come from anonymous sources, and reports disagree on the revenue timeline.
Money coming in
Who pays Moonshot AI, and for what.
No customers of Moonshot AI mapped yet.
Money going out
Who Moonshot AI pays to do what it does.
No suppliers of Moonshot AI mapped yet.
Where it sits on the map
Competitors and neighbours
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Open profileFrench lab with open and paid models, chosen by European firms that want data kept in Europe.
About $14B valuation (Sep 2025)
Open profileLab founded by former OpenAI leaders, which sells Tinker for managed fine-tuning of open models.
Annualised run rate above $100M, self-reported and unaudited
Open profileLab that aims to build frontier open-weight models in the US, backed by Nvidia.
$8B after a $2B round led by Nvidia in October 2025. Talks at $25B reported in 2026
Open profileSources: vktr.com, technode.com, finder.techleap.nl
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