Technology May 07, 2026 · 1 min read

China’s Moonshot AI raises $2B at $20B valuation as demand for open-source AI skyrockets

Moonshot's annualized recurring revenue topped $200 million in April, driven by rapid growth in paid subscriptions and API usage.

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TechCrunch
by Kate Park
China’s Moonshot AI raises $2B at $20B valuation as demand for open-source AI skyrockets
Moonshot's annualized recurring revenue topped $200 million in April, driven by rapid growth in paid subscriptions and API usage.
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This article was originally published by TechCrunch and written by Kate Park.

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