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Moonshot AI

PrivateRank #14 by valueChinaFounded 2023moonshot.ai

Beijing-based frontier AI company behind the Kimi assistant, open-weight Kimi foundation models, multimodal and reasoning systems, and agent products.

AI valuation
$35B*714%increase
Jul 29, 2026 · Bloomberg
Change vs Dec 31, 2025

September 20261

Sep 3, 2026Moonshot confidentially files for Hong Kong IPOAnnounced

Reuters reported that Moonshot confidentially filed for a Hong Kong IPO and was targeting a roughly $3 billion offering.

July 20265

Jul 29, 2026Moonshot closes $3.5B financing at $35B valuation$3.5B raised · $35B* valuation

Moonshot closed a $3.5 billion financing round, valuing the company at $35 billion.

Jul 27, 2026Kimi K3 full weights publishedKimi K3

Moonshot published the full Kimi K3 weights and implementation resources.

Jul 20, 2026Moonshot pauses Kimi subscriptions amid K3 demand

Moonshot temporarily paused new Kimi subscriptions as demand for K3 strained available capacity.

Jul 16, 2026Kimi K3 releasedKimi K3

Kimi K3 launched with native vision, agentic capabilities and a one-million-token context window.

Jul 16, 2026Kimi K3 family introducedKimi K3

Moonshot introduced Kimi K3, its 2.8T-parameter native multimodal frontier model family.

June 20261

Jun 2026Kimi K2.8 Preview releasedKimi K2.8 Preview

Moonshot previewed an intermediate K2-generation model before Kimi K3.

April 20265

Apr 20, 2026Kimi presentation creation releasedKimi Slides

Kimi added agentic presentation and slide creation capabilities.

Apr 20, 2026Kimi Work added to productivity suiteKimi Work

Kimi expanded its workspace features for producing and editing work artifacts.

Apr 20, 2026Kimi Researcher documented in agent suiteKimi Researcher

Moonshot documented Kimi Researcher as a deep-research workflow within its agent suite.

Apr 20, 2026Agent Swarm upgradedAgent Swarm

Kimi expanded its multi-agent swarm system to coordinate parallel specialist agents.

Apr 20, 2026Kimi K2.6 released and open-sourcedKimi K2.6

Moonshot released Kimi K2.6 with improved agent capabilities and published model weights.

March 20264

Mar 2026Checkpoint Engine releasedCheckpoint Engine

Moonshot published its distributed model-checkpointing engine.

Mar 2026FlashKDA releasedFlashKDA

Moonshot published optimized kernels for Kimi Delta Attention.

Mar 2026MoonEP releasedMoonEP

Moonshot released its expert-parallel communication library for large MoE training and inference.

Mar 2026MoBA research implementation releasedMoBA

Moonshot published Mixture-of-Block Attention code and research for efficient long-context modeling.

February 20261

Feb 2026Kimi Claw enters public betaKimi Claw

Moonshot opened public beta access to Kimi Claw, a persistent cloud agent workspace.

January 20261

Jan 27, 2026Kimi K2.5 releasedKimi K2.5

Moonshot released Kimi K2.5, adding native multimodal capabilities and stronger agentic coding.

December 20251

Dec 31, 2025Moonshot raises $500M at $4.3B valuation$500M raised · $4.3B* valuation

Moonshot completed a reported $500 million financing at a $4.3 billion valuation.

November 20252

Nov 6, 2025Kimi K2 Thinking releasedKimi K2 Thinking

Moonshot released the reasoning-focused K2 Thinking model for long-horizon agentic tasks.

Nov 2025Kimi Code releasedKimi Code

Moonshot released its open-source Kimi coding agent and command-line interface.

October 20252

Oct 2025Kimi Linear 48B weights releasedKimi Linear 48B

Moonshot published a 48B Kimi Linear checkpoint.

Oct 2025Kimi Linear architecture introducedKimi Linear

Moonshot introduced Kimi Linear and Kimi Delta Attention as a hybrid linear-attention approach.

September 20253

Sep 26, 2025OK Computer agent mode launchesOK Computer

Kimi added the OK Computer agent mode for executing computer-oriented tasks.

Sep 5, 2025Kimi K2 Instruct 0905 releasedKimi K2 Instruct 0905

Moonshot released a K2 checkpoint with improved coding, instruction following and long-context performance.

Sep 5, 2025Kimi Agent mode launchesKimi Agent

Moonshot launched Kimi Agent alongside the updated K2 model experience.

July 20253

Jul 11, 2025Kimi K2 Instruct weights releasedKimi K2 Instruct

Moonshot published the post-trained Kimi K2 Instruct checkpoint for agentic and coding tasks.

Jul 11, 2025Kimi K2 Base weights releasedKimi K2 Base

Moonshot published the base pretrained Kimi K2 checkpoint.

Jul 11, 2025Kimi K2 family introducedKimi K2

Moonshot introduced Kimi K2, a one-trillion-parameter mixture-of-experts model with 32B active parameters.

June 20252

Jun 16, 2025Kimi-Dev-72B releasedKimi-Dev-72B

Moonshot released a 72B software-engineering model optimized using reinforcement learning.

Jun 2025Kimina-Prover 7B releasedKimina-Prover 7B

Moonshot published a seven-billion-parameter formal theorem-proving model.

May 20252

May 2025Kimi-Audio 7B weights releasedKimi-Audio 7B

Moonshot published the seven-billion-parameter Kimi-Audio checkpoint.

May 2025Kimi-Audio project releasedKimi-Audio

Moonshot introduced an open audio-language model family covering audio understanding and generation.

April 20253

Apr 2025Kimi-VL-A3B-Thinking open weights releasedKimi-VL-A3B-Thinking

Moonshot published the reasoning-oriented Kimi-VL A3B Thinking checkpoint.

Apr 2025Kimi-VL-A3B-Instruct open weights releasedKimi-VL-A3B-Instruct

Moonshot published the instruction-tuned Kimi-VL A3B checkpoint.

Apr 2025Kimi-VL model family releasedKimi-VL

Moonshot introduced Kimi-VL, an open-weight mixture-of-experts vision-language family.

March 20252

Mar 2025Kimina-Prover Preview releasedKimina-Prover Preview

Moonshot released a preview checkpoint for formal mathematical theorem proving.

Mar 2025Kimina-Prover project introducedKimina-Prover

Moonshot introduced the Kimina-Prover line of open models for formal theorem proving.

February 20251

Feb 2025Moonlight 16B research weights releasedMoonlight 16B

Moonshot released Moonlight, a 16B MoE model used to evaluate Muon optimization at scale.

January 20253

Jan 20, 2025Kimi k1.5 releasedKimi k1.5

Moonshot released Kimi k1.5, a multimodal reasoning model trained with reinforcement learning.

Jan 20, 2025Kimi reasoning model family introducedKimi Reasoning Models

Moonshot introduced its open k-series reasoning work through the Kimi k1.5 release.

Jan 2025Kimi k1 reasoning model disclosedKimi k1

Moonshot described k1 as a long-context reinforcement-learning reasoning system.

November 20241

Nov 2024Kimi k0-math research model disclosedKimi k0-math

Moonshot disclosed k0-math as an experimental reinforcement-learning model for mathematical reasoning.

August 20241

Aug 5, 2024Moonshot reaches $3.3B valuation$300M raised · $3.3B* valuation

Moonshot raised a reported $300 million round that valued the company at $3.3 billion.

March 20243

Mar 18, 2024Kimi tests two-million-character contextKimi Chat

Kimi opened a beta supporting up to two million Chinese characters of context.

Mar 2024Mooncake serving architecture releasedMooncake

Moonshot released Mooncake, a KV-cache-centric architecture for disaggregated large-model serving.

Mar 2024Moonshot publishes open research infrastructureMoonshot Research Infrastructure

Moonshot began publishing open systems research for efficient long-context model training and serving.

February 20241

Feb 19, 2024Alibaba-led financing values Moonshot at $2.5B$1B raised · $2.5B* valuation

Moonshot raised about $1 billion in a financing round led by Alibaba, reaching a reported $2.5 billion valuation.

January 20241

2024Kimi mobile app releasedKimi App

Moonshot expanded Kimi from the web to mobile applications.

November 20234

Nov 2023moonshot-v1-128k API model releasedmoonshot-v1-128k

Moonshot exposed a 128K-context text model through its API.

Nov 2023moonshot-v1-32k API model releasedmoonshot-v1-32k

Moonshot exposed a 32K-context text model through its API.

Nov 2023Moonshot API opens to developersMoonshot API

Moonshot introduced developer API access to its language models.

Nov 2023moonshot-v1-8k API model releasedmoonshot-v1-8k

Moonshot exposed an 8K-context text model through its API.

October 20232

Oct 9, 2023Kimi Chat releasedKimi Chat

The web-based Kimi conversational assistant became publicly available with long-context document capabilities.

Oct 9, 2023Kimi platform launchesKimi Platform

Moonshot launched Kimi as a long-context AI assistant for the Chinese market.

March 20231

Mar 2023Moonshot AI founded

Moonshot AI was founded in Beijing by Yang Zhilin, Zhou Xinyu and Wu Yuxin to develop frontier foundation models.

* Market cap / valuation. Company values are AI-attributed: the latest market cap or valuation × the share attributed to AI (100% for pure AI companies). Methodology

Moonshot AI — releases, models and financials · The Artificial Index