Moonshot AI Raises $300 Million for a $3.1 Billion Valuation

Six Little Dragons of Generative AI: Moonshot, MiniMax, Zhipu, Baichuan, 01.AI and StepFun

Hello Everyone,

One of China’s most impressive Generative AI startups just got yet more funding.

I haven’t talked about them before but StepFun, founded by Microsoft Asia Research Institute's former chief scientist Jiang Daxin in 2023, is one of the many Chinese AI start-ups trying to catch up with US peers in AI computing power.

The funding for Moonshot…