Moonshot AI, a large model unicorn, has reached a valuation of over USD10 billion, marking the fastest pace for a Chinese company to become a decacorn (a company valued at over USD10 billion) from its inception, according to Chinese media reports.

Data shows that Moonshot AI has achieved a valuation of over USD10 billion in just over two years. Benefiting from the leading performance of its new model, Kimi K2.5, its cumulative revenue over the past 20 days has already exceeded the total revenue for the entire year of 2025.

According to last week's foreign media disclosures, Moonshot AI's existing investors, including BABA-W (09988.HK) and TENCENT (00700.HK), have committed over USD700 million to the first round of its latest financing.
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