According to LatePost, Kimi (Dark Side of the Moon) is about to complete a new round of $2 billion financing, with a post investment valuation exceeding $20 billion. This round of financing is led by Meituan Longzhu, with participation from China Mobile, CPE (CITIC Industrial Fund), and others, with Longzhu contributing over 200 million US dollars. In January and February of this year, Kimi completed three rounds of financing, raising $500 million, $700 million, and $700 million respectively. Including this round of financing, Kimi has raised over 3.9 billion US dollars in less than six months, with its latest valuation more than four times that of about 4.3 billion US dollars in November last year. The cumulative financing amount has exceeded 37.6 billion yuan, making it the company with the most financing among large model startups. MiniMax has raised approximately RMB 15 billion in cumulative financing, while Zhipu has raised approximately RMB 13 billion. As of noon on May 6th, MiniMax has a market value of approximately RMB 210 billion and Zhipu has a market value of approximately RMB 347 billion.
