Moonshot AI (Kimi) is nearing completion of a new $2 billion financing round, led by Meituan Longzhu with participation from China Mobile and CPE. This investment pushes its post-money valuation above $20 billion. The company has raised approximately $3.9 billion within half a year, bringing its total funding to over 37.6 billion yuan and solidifying its position as a top-funded AI unicorn in China. The capital will support R&D, computing power, and talent acquisition amid intense competition in the large model sector.