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Moonshot AI Completes Pre-IPO Funding at Latest Valuation of Approximately $50 Billion

According to people familiar with the matter, Moonshot AI has completed its final round of private funding at a valuation of approximately $50 billion and is pushing ahead with an initial public offering (IPO) in Hong Kong in the first quarter of next year. The sources said the company has also begun preparations to gauge investor interest, with preliminary talks with investors potentially starting as early as this month. The people said discussions are still ongoing and the timing of the IPO may also change.