Business Brief (June 9): Moonshot AI Said to Seek Funding at $30 Billion Valuation

Published: Jun. 9, 2026 6:11 p.m. GMT+8

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Chinese artificial intelligence (AI) startup Moonshot AI, the developer of the Kimi chatbot, reportedly launched a new funding round valuing the company at $30 billion, well above its $4.3 billion valuation in December.

NEWS SUMMARY

The National Data Administration released an implementation plan to support the development of high-quality industry datasets.

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Moonshot AI, developer of Kimi chatbot, launches funding round at $30 billion valuation, up from $4.3 billion in December.
National Data Administration releases plan for high-quality industry datasets; State Post Bureau pledges to curb excessive express delivery competition.
Chery says Tata partnership limited to auto parts; Changan AI model gets regulatory approval; China willing to communicate with Russia and India on trilateral cooperation.

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Who’s Who

Moonshot AI: Moonshot AI, a Chinese startup behind the Kimi chatbot, reportedly launched a new funding round valuing the company at $30 billion, a significant increase from its $4.3 billion valuation in December 2024.

Chery Automobile: Chery Automobile clarified that its discussions with India's Tata Group are limited solely to auto parts supply, not a broader partnership. The company made this statement in response to market speculation.

Changan Automobile: Changan Automobile's in-house AI model has received regulatory filing approval in China. This development highlights the automaker's push into artificial intelligence, aligning with broader industry trends. The approval was noted in a recent news summary.

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