Sources: Moonshot AI hit a $35B valuation after closing a $3.5B round, exceeding its initial target of $1B to $2B, and plans a Hong Kong IPO as soon as 2026 (Bloomberg)

<a href="https://www.bloomberg.com/news/articles/2026-07-29/china-s-moonshot-ai-passes-funding-goal-to-hit-35-billion-value"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260729/i8.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260729/p8#a260729p8" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> <a href="https://www.bloomberg.com/">Bloomberg</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://www.bloomberg.com/news/articles/2026-07-29/china-s-moonshot-ai-passes-funding-goal-to-hit-35-billion-value">Sources: Moonshot AI hit a $35B valuation after closing a $3.5B round, exceeding its initial target of $1B to $2B, and plans a Hong Kong IPO as soon as 2026</a></b></span>&nbsp; &mdash;&nbsp; Moonshot AI secured a $35 billion valuation after raising a larger-than-anticipated $3.5 billion in a just-closed round of financing &hellip; </p>