Posted 2/21/2024, 2:42:22 PM
Chinese AI Startup Moonshot Raises $1B, Valued at $2.5B for Long-Form LLM Kimi
- Chinese AI startup Moonshot raises over $1B at a $2.5B valuation for its LLM focused on long-form context
- Moonshot's LLM, Kimi, can process 200,000 Chinese characters in a single conversation, 8x more than GPT-4
- Investors include Alibaba, Sequoia China, Meituan, Xiaohongshu; strategic partners likely interested in AI capabilities
- Moonshot founder Yang Zhilin has impressive credentials including PhD from CMU and work at Google Brain and Meta AI
- Chinese tech giants investing billions across multiple LLM startups as race heats up to be China's leader in generative AI