Moonshot AI

Based in Beijing, China and founded in 2023, Beijing Moonshot AI Technology Co. , Ltd. , trading as Moonshot AI, operates as a technology company that focuses on the research and development of general multimodal large models. The company's founder, Zhilin Yang, graduated from Carnegie Mellon University and used to work for companies such as Facebook and Google.

Its team members participated in the research and development of large models such as Google Gemini, Google Bard, Pangu NLP, and Wudao. In October 2023, Moonshot AI launched Kimi, which is a smart assistant product. In May 2026, Moonshot AI raised USD 2 billion in venture funding led by Long Z Investment, with participation from Zhongyi Guotou Innovation Investment Management, CPE Funds Management and other investors. The company is mainly engaged in the research and development of the next generation of cross-modal large models.

It invented Rope relative position encoding and group normalization. Its main product is the Kiwi intelligent assistant, which is an artificial intelligence chat tool. It supports the input of 200,000 Chinese characters, with functions such as intelligent dialogue and text generation. The company generates revenue by providing general multimodal large models and artificial intelligence chat tools.

The venture funding raised in May 2026 will be used to further solidify the company's position in model state-of-the-art (SOTA), computing power reserves, and talent incentives.