It is reported that Moonshot AI has completed its pre-IPO financing, with its latest valuation reaching approximately 50 billion US dollars.

According to people familiar with the matter, Moonshot AI has completed its final round of private placement financing at a valuation of approximately 50 billion U.S. dollars, and is advancing the plan for an initial public offering (IPO) in Hong Kong in the first quarter of next year. (Sina Finance)