Moonshot AI seeks a new round of funding of up to $2 billion, with a valuation target of $30 billion

According to Bloomberg, Moonshot AI is in preliminary talks with potential investors for a new round of financing, aiming to raise over $1 billion, with a maximum of $2 billion, and a valuation target of $30 billion.

The report states that this is the company's third round of financing in six months, aimed at addressing the increasingly fierce AI competition in China.