AI | Moonshot AI considers Hong Kong listing early next year, latest valuation around US$50 billion

Moonshot AI has completed its final private funding round, with a valuation of around US$50 billion, and is pushing ahead with an initial public offering in Hong Kong in the first quarter of next year. The company could begin preliminary talks with investors as early as this month, and people familiar with the matter said it is considering raising up to US$5 billion through the IPO. Discussions are still ongoing and the IPO timing could change; regulators had previously launched a data security investigation into Moonshot AI.