capital · May 16, 2026
Moonshot AI valuation rises from $4.3 billion to $20 billion in under a year
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Moonshot AI closed a $2 billion funding round at a $20 billion valuation on May 12, 2026, led by Long-Z Investments. The round brought Moonshot AI's total raised in the past six months to $3.9 billion. Moonshot AI's valuation accelerated from $4.3 billion at the end of 2025 to $20 billion in May 2026. Moonshot AI positions as the highest-valued open-weight Chinese model lab with Kimi K2.6 model.
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