Moonshot AI Kimi's Valuation Rises to $31.5 Billion, ARR Surpasses $300 Million

CoinFeed June 30 news, according to the Science and Technology Innovation Board Daily, Moonshot AI Kimi's previous round of financing at a $20 billion valuation was completed recently, and a new round of financing has been initiated, with the pre-money valuation rising to $31.5 billion. According to institutional sources close to Kimi, Kimi disclosed its latest revenue data during this round of financing communications: in mid-June, ARR (Annual Recurring Revenue) surpassed $300 million. This round of revenue growth for Kimi mainly came from increased developer usage and API revenue driven by model iterations. Currently, API revenue accounts for over 70% of Kimi's total revenue and continues to rise. Kimi's revenue curve is beginning to show characteristics of Anthropic's early commercialization stage: developer call volume increase, API share increase, growth in overseas paying users, and the upward shift of the pricing system driven by model capability iterations.