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DeepSeek to Raise $12B+ in Tencent-Backed Round, Partners with Huawei on Ascend AI Chips
La RepúblicaLO·CN·1 day ago
Moonshot AI, a Chinese AI startup, has raised capital at a valuation of approximately $50 billion, reportedly its final private round before a planned Hong Kong Stock Exchange listing in Q1 2027. The valuation marks a significant step-up, reflecting sustained investor appetite for Chinese AI despite regulatory and geopolitical headwinds. The listing would provide a key liquidity event and test market sentiment for Chinese tech listings.
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