Moonshot AI, the developer of the Kimi chatbot, has reportedly submitted a confidential A1 application to the Hong Kong Stock Exchange this week, formally starting the process for a potential IPO. The company said it had no comment on the market report and currently had no information to disclose.
The reported filing would mark a new step from an earlier August rumor that Moonshot planned to file within the month, which the company described at the time as untrue. Moonshot is also reportedly seeking new funding at a pre-money valuation of about $50 billion, potentially making it the company’s final private round before a listing. [HK01, in Chinese]