Moonshot AI

Moonshot AI is a Beijing-based AI startup founded in March 2023 by Yang Zhilin, Zhou Xinyu, and Wu Yuxin, known for developing the Kimi large language model and chatbot. Backed by Alibaba (36% stake) and valued at over $20 billion as of mid-2026, it is one of China's leading "AI Tiger" companies, though its consumer app struggled to convert subsidised usage into durable commerce behaviour without an integrated marketplace.

First mentioned: April 2026