Moun Shot AI to seek funding in August

The startup company "Moonshot AI", specializing in artificial intelligence, is preparing to hold a pre-seed funding round in August, aiming to raise capital that would bring its market valuation close to $50 billion before its initial public listing on the Hong Kong Stock Exchange. Sources indicate that the current round, which was launched in the summer, is nearing completion and is valued at approximately $31.5 billion. This stage is expected to be the final funding round prior to the anticipated initial public offering later this year.

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