Moonshot AI has sent an IPO proposal to investors, with an expected listing on the Hong Kong Stock Exchange within the next six months at the earliest.

Odaily Planet Daily reported that the leading large model company Moonshot AI has sent an IPO proposal to investors, expecting to complete its Hong Kong stock listing within six months at the earliest. After achieving an ARR of $300 million in June this year and experiencing several-fold growth following the release of the K3 model, the company believes the timing is ripe. It is reported that Moonshot AI's annual recurring revenue tripled within three months. Its new model, Kimi K3, surpasses competitors other than Claude Fable 5 and GPT-5.6 in terms of comprehensive capabilities, and the pricing of Kimi K3 is roughly equivalent to Anthropic's Sonnet. (Kechuangban Daily)