He Yi stated that YZiLabs has invested in a Chinese AI large model company. Market speculation suggests it might be Moonshot AI, the parent company of Kimi.

According to Odaily, He Yi revealed during a small-scale KOL meeting that YZiLabs, the family office related to her and CZ, has invested in a Chinese AI large model company, but did not disclose its specific name. Market speculation suggests the project could be Moonshot AI, the parent company of Kimi.

Moonshot AI completed a funding round of over $700 million in February this year, and in March, it was reportedly pushing for a new round of financing at a valuation of approximately $18 billion. CZ had previously publicly stated that Kimi excels in programming capabilities.