China’s Moonshot AI raises $2B at $20B valuation as demand for open-source AI skyrockets
Moonshot’s annualized recurring revenue topped $200 million in April, driven by rapid growth in paid subscriptions and API usage.
Moonshot’s annualized recurring revenue topped $200 million in April, driven by rapid growth in paid subscriptions and API usage.
Building on top of a Chinese model feels particularly fraught right now.
Anthropic accuses DeepSeek, Moonshot, and MiniMax of using 24,000 fake accounts to distill Claude’s AI capabilities, as U.S. officials debate export controls aimed at slowing China’s AI progress.
The company said that the model was trained on 15 trillion mixed visual and text tokens.