Moonshot AI
Chinese LLM lab behind the Kimi chatbot and K2 model family.
AI
📍 Beijing, China
Founded 2023
Current Valuation
$20B
as of 2026-Q2
DECACORN
Moonshot AI is the Beijing-based LLM lab behind the Kimi chatbot (one of China's most-used consumer AI products) and the open-weight Kimi K2 model family. The Yang Zhilin-led company is reportedly closing a $2B round at a $20B valuation as of May 2026, with backing from Alibaba and Tencent.
Company Profile
Growth
Hyper-growth (consumer + API)
Last Round
Series D — $2.0B (May 2026) · Lead: Undisclosed (existing + new)
Founders & Key People
Yang ZhilinZhou XinyuWu Yuxin
Investors
Alibaba · Tencent · IDG Capital · Sequoia China · Meituan · Hongshan
Products
- Kimi (consumer chatbot)
- Kimi K2 / K2.5 (open-weight LLM)
- Moonshot Open Platform (API)
Competitors
DeepSeek · Zhipu AI · Baichuan · 01.AI · Alibaba Qwen · OpenAI
AILLMChinaDecacornOpen Source
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2026-Q2. Refreshed quarterly.