The Dark Side of the Moon will complete a new financing of $2 billion, with a valuation exceeding $20 billion.

Kimi (The Dark Side of the Moon) is about to complete a new round of financing worth $2 billion, with a post - investment valuation exceeding $20 billion. This round of financing is led by Meituan Longzhu, and participated by China Mobile, CPE (CITIC Industrial Investment Fund), etc. Among them, Longzhu alone invested over $200 million. In January and February this year, Kimi just completed three rounds of financing in quick succession, raising $500 million, $700 million, and $700 million respectively. Including this latest round of financing, Kimi has raised over $3.9 billion in less than half a year, and its latest valuation has more than quadrupled compared to about $4.3 billion in November last year. So far, Kimi's cumulative financing has exceeded 37.6 billion RMB, making it the startup in the large - model field with the highest cumulative financing. (LatePost)