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Moonshot is a platform for discovering, buying and selling Meme coins, allowing users to make cash deposits using credit and debit cards, and cash out their assets at any time via bank transfer.
MNX Lists Pre-IPO Futures Contracts for OpenAI and 3 Other Private AI Companies
Odaily News: MNX, a cryptocurrency exchange built on MegaETH by Manifold Markets, has listed futures contracts that allow investors to trade on the valuations of private AI companies including OpenAI, Anthropic, DeepSeek, and Moonshot.These contracts expire at the end of 2027 and do not charge periodic funding fees, but settlement prices may differ from the prices investors pay when purchasing shares in private companies.MNX allows traders to use up to 3x leverage on their available funds, currently does not serve U.S. customers, and plans to expand into markets related to the broader AI economy. (CoinDesk)
Binance Will List MOONSHOT USDT-Margined Pre-IPO Perpetual Contracts
According to the official announcement, Binance will list the MOONSHOTUSDT USDT-M Pre-IPO Perpetual Contract, with Beijing Moonshot Artificial Intelligence Technology Co., Ltd. as the underlying asset, on September 22 at 16:30 (UTC+8). The contract supports up to 20x leverage and 24/7 trading, with funding settlements occurring every 4 hours. If the underlying asset successfully completes its IPO, it will transition to a standard perpetual contract on traditional financial assets; if the listing fails, the contract will be removed.
Moonshot AI issued a statement to refute false financing rumors and has reported to public security authorities.
According to Red Star News, Moonshot AI Kimi issued a statement on August 14, stating that it has reported acts of false financing using the company's name and suspected illegal criminal activities in the market to the public security organs, and will pursue accountability to the fullest extent. The statement explicitly denied the existence of so-called "Friend Fund", "Special Channel", "Old Share Quota", "Reserved Quota", "Official Agent", or "Authorized Intermediary" during the financing process, reminded investors to be aware of risks, and advised that suspicious transactions can be reported to the company's legal department.
Moonshot AI Completes $3.5 Billion Financing, Valuation Reaches $35 Billion
According to Bloomberg, Moonshot AI raised $3.5 billion, exceeding expectations, in a recently completed funding round, with a valuation reaching $35 billion.
Moonshot AI to Open Source 2.8-Trillion-Parameter Kimi K3 Weights, Chinese Open-Weight Model Token Share Rises to 68%
Chinese AI startup Moonshot AI will release the model weights of its high-performance model, Kimi K3. Developers can download the model, modify it for various purposes, and run it in their own data centers or cloud environments.Kimi K3 boasts 2.8 trillion parameters and a 1 million token context window, enabling it to process large-scale documents and codebases in a single pass. Moonshot AI plans to later publish a technical report detailing the model's architecture, training methodology, and performance evaluation results.Following the release of Kimi K3, Moonshot AI's daily revenue is reported to have increased by at least 6 times. The company is reportedly advancing a new round of fundraising at a $50 billion valuation and is considering a Hong Kong listing as early as this year.According to Bloomberg Intelligence, following the release of Kimi K3 and Z.AI's GLM-5.2, the share of Chinese open-weight models in overall token usage has risen to 68%. Services like AWS Bedrock, Microsoft Azure Foundry, and Google Vertex AI currently do not offer Chinese open-weight models such as Kimi K3 and GLM-5.2.
Gate launches KIMIUSDT (Moonshot AI) pre-market perpetual contract trading
according to official sources, Gate has now launched KIMIUSDT (Moonshot AI) pre-market perpetual contract trading (USDT settlement), supporting 1-10x leverage.Moonshot AI is an AGI unicorn independently developing general-purpose large models, ranking among the top tier of AI startups in China in terms of financing scale and technical performance.
Bank of America Withdraws from Moonshot AI's Hong Kong IPO Underwriter List
According to Bloomberg, sources familiar with the matter said that Bank of America Corp. is no longer acting as a potential underwriter for China-based artificial intelligence startup Moonshot AI's initial public offering (IPO). Previously, the bank had entered into talks to serve as the overall coordinator for its Hong Kong IPO, but negotiations ultimately failed to secure a formal mandate. This development comes as the Chinese AI firm faces strict scrutiny in the United States.
Y Combinator CEO: "No need to take action" on China's distillation of US AI models
According to CNBC, Y Combinator CEO Garry Tan said at YC’s annual Demo Day that in response to Chinese companies—including DeepSeek, Moonshot AI, and MiniMax—distilling OpenAI and Anthropic’s models, he chose to “do nothing,” advising regulators to instead focus on maintaining the commercial balance between open-weight models and frontier models. Tan also expressed reservations about AI doomerism, noting that cybersecurity remains the most pressing risk today, while the employment disruption and economic transformations driven by AI will take decades to truly permeate society.
US Agencies Accuse Multiple Chinese AI Companies of Obtaining US Firms' Model Information Through "Distillation"
Bloomberg reported that the U.S. National Security Agency, the Federal Bureau of Investigation, and the Cybersecurity and Infrastructure Security Agency alleged in a joint statement that Chinese artificial intelligence companies, including DeepSeek, Moonshot AI, Alibaba, MiniMax, StepFun, and Zhongai Think Tank, have been using model “distillation” technology on an “industrial scale” to extract proprietary information from U.S. AI models and apply it to train their own systems since at least 2024. The U.S. agencies simultaneously warned Silicon Valley developers to strengthen protections for related outputs.
Bybit Launches Pre-Market Perpetual Contracts for Unitree and Moonshot AI, TradFi Product Count Exceeds 200
Dubai cryptocurrency exchange Bybit has launched pre-market perpetual contracts linked to Chinese robotics company Unitree and AI startup Moonshot AI. The contracts are denominated and settled in USDT and do not involve ownership of shares in the respective companies. Bybit stated that its traditional finance perpetual contract product lineup has grown to over 200 since its launch in April, covering stocks, ETFs, commodities, indices, and pre-market companies. Unitree received approval from Chinese securities regulators in July to list on the Shanghai STAR Market. RWA.xyz data shows that the distribution value of tokenized stocks has reached $2.38 billion, with 1.31 million holders, a 123.62% increase in the latter over the past 30 days. (Cointelegraph)
Moonshot AI Responds to Allegations of Distilling Fable for K3: Only 15 Days Between Releases
Moonshot AI employee Randy responded on X platform to White House Office of Science and Technology Policy Director Michael Kratsios’ remarks regarding Moonshot AI using Anthropic’s Fable to distill and develop the K3 model. He stated that Fable made its public debut on July 1, while K3 was launched on July 15. The team trained a brand-new frontier model in just 15 days, a feat worthy of a Guinness World Record.
Polymarket shows "US government will ban open-source AI models in 2026" probability currently at 16%
The PPP Prediction Market Tool monitors that on Polymarket, for the event "Will the US government ban open-source AI models in 2026?", the "Yes" probability is currently at 16%.According to the resolution rules, if the US federal government, before December 31, 2026, through legislation, executive orders, export controls, or other formal policy actions, restricts the US public's access or use of a specific open-source AI model, the market outcome will be resolved as "Yes." Otherwise, the market outcome will be resolved as "No." Eligible open-source AI models refer to general-purpose large language models or multimodal foundation models whose model weights and source code are publicly downloadable and can be run on hardware under user control, such as Meta Llama, Mistral, DeepSeek, Qwen, etc.Recently, the open-source Kimi K3 model launched by Moonshot AI has drawn market attention to whether it will impact closed-source AI. OpenAI's Director of Strategy, Dean W. Ball, stated on X platform that the US government might adopt soft legal measures to prevent open-source models from entering the US. David Sacks, Chairman of the President's Council of Advisors on Science and Technology, believes that using regulatory uncertainty to suppress open-source competition is "unacceptable."Join the PPP Signal Push Community to stay ahead and seize the opportunity.
Wintermute Weekly Report: CPI Falls More Than Expected Amid Escalating Iran Tensions, BTC Closes Higher Against Trend to Become Week's Strongest Risk Asset
According to Wintermute OTC trader @Jjay_dm, June CPI fell 0.4% month-over-month, the largest single-month drop since April 2020, overall inflation decreased from 4.2% to 3.5%, the market immediately priced in a hold for the July FOMC, and the probability of a rate hike in September also dropped from over 75% to 63%. However, the US restarted a naval blockade on Iranian ports and conducted air strikes for the fourth consecutive night, Brent crude surged 15.54% in a single week, reaching a high of $87 per barrel, pressure for energy inflation to rebound is accumulating, casting doubt on the sustainability of this CPI decline. Meanwhile, China's Moonshot released the open-source model Kimi K3, claiming performance comparable to frontier models from OpenAI and Anthropic, directly impacting the AI compute narrative, TSMC fell 7% in a single day, the Philadelphia Semiconductor Index recorded its worst weekly performance in 15 months, the Nasdaq dropped 4.16%, and Nvidia temporarily ceded the top spot in global market cap to Apple. The crypto market, however, strengthened against the trend, becoming the best-performing risk asset of the week. Within minutes of the CPI data release, BTC surged from around $62,000 to $64,900, ETH jumped 7% in a single day to $1,884, CoinGlass data showed approximately $134 million in short positions were liquidated within the first hour. BTC ETF
Analysis: Kimi Sparks Wall Street Concerns Over "Second DeepSeek Shock", Funds Flowing Out of High-Valuation Tech Stocks
According to The Wall Street Journal, following Moonshot AI's release of the low-cost, high-performance large model Kimi K3, Wall Street has once again seen concerns about a "DeepSeek-style shock," with the AI chip sector facing selling pressure. Morgan Stanley stated that the market may experience AI industry turbulence similar to that triggered by DeepSeek in early 2025, where the rise of low-cost, high-performance AI models could challenge top U.S. model developers such as OpenAI and Anthropic, while simultaneously weakening demand for the large-scale compute infrastructure underpinning the U.S. AI investment boom.
Analyst: Kimi K3 Ultra-large Model to Be Open-Sourced Soon, AI Infrastructure Platforms May Be the Biggest Beneficiaries
analyst KawzInvests stated that Moonshot AI's upcoming Kimi K3 could become a significant event in the open-source AI space, and the infrastructure demand behind it may drive growth for AI cloud service platforms. Kimi K3 has approximately 2.8 trillion parameters, making it one of the ultra-large-scale open-source models. According to Moonshot's official evaluation, the model's performance is only slightly behind frontier models like Claude Fable 5 and GPT 5.6 Sol, and the full model weights are expected to be released on July 27.KawzInvests pointed out that a model of this scale cannot run on an ordinary laptop or even a single server; users need a computing cluster composed of a large number of GPUs to complete model loading and inference. When top-tier open-source models are made available for free, the biggest beneficiaries might not be ordinary users, but rather platforms that offer model hosting and inference services. For example, $DOCN (DigitalOcean) already supports serverless inference services for models like Kimi K2.6. Developers do not need to deploy hardware; they can call the model via API and pay per Token. Additionally, the platform hosts over 70 models and covers GPU leasing, model fine-tuning, and AI Agent development tools.As more large-scale open-source models are released, developers' demand for low-barrier AI infrastructure will continue to increase. Model hosting, inference services, and GPU cloud platforms may become key beneficiaries in the open-source AI wave.
B.AI’s “Self-Selected Service Provider” Program Expands Again: Access to Leading Models + Four-Tier Discount Plans Enable Compute Freedom
The B.AI platform’s “Self-Selected Service Provider” model matrix has officially expanded, newly integrating leading large language models including Moonshot (Kimi series) and Z.ai (GLM series). This module offers four discount tiers: 90%, 60%, 40%, and 20% off. Users can generate a personalized “discounted model API key” with a single click, enabling seamless switching between core business operations and routine testing—achieving an optimal balance of high availability and low cost. Moreover, all discounts can be stacked with up to a 1:1 top-up bonus, further lowering the barrier to compute access. Starting today, log in to the B.AI console to customize your专属 model portfolio and enter a new era of AI API calls delivering unmatched value.
Moonshot AI will soon release Kimi K3.1.
Moonshot AI will soon release Kimi K3.1, which adds a new "medium" thinking intensity setting, supporting four levels in total: low, high, max, and medium. Additionally, today the official Kimi account released a 24-second video, with the model field at the top left reading: Model: Kimi K3.1.
Moonshot AI 17-year-old researcher Chen Guangyu resigns, rumored to join US AI company Discovery Loop
According to Yonhap News Agency, 17-year-old researcher Chen Guangyu, who previously contributed to the development of Moonshot AI’s Kimi K3 model, has departed. A social media account tracking U.S. AI talent mobility, named "Aper Grok," reported that he has joined Discovery Loop. Chen himself has not publicly confirmed his next destination, while Discovery Loop declined to comment on personal matters. Starting in November 2025, Chen served as a machine learning researcher on the Kimi team, deeply involved in the research and development of the Kimi K3's underlying architecture. On social media, he thanked the company for hiring him at age 16 and stated that he would relocate to the San Francisco Bay Area. Rumors had suggested he might join Anthropic, but he has denied them. Established in August of this year by Jeff Dean and three other former Google researchers, Discovery Loop is dedicated to automating scientific research with AI and has yet to launch any products.
B.AI Releases Weekly Token Ranking for Domestic Model Brands: Xiaomi Gains Strong Momentum, DeepSeek Continues to Lead
Odaily News — On October 16, B.AI published its weekly token ranking for domestic model brands covering October 9 to 15. Xiaomi's model token usage held steady at No. 2 for the third consecutive week, surging 49.9% week-over-week, with its platform token usage share rising 10.4 percentage points. DeepSeek continued to lead this week with a total of 1.03T tokens. Zhipu grew 44.3% week-over-week, with its platform share increasing 3.7 percentage points, ranking No. 3. Moonshot's token usage skyrocketed 286.5% week-over-week. With multiple models competing side by side, real usage bears witness to market shifts. B.AI continues to expand model options, empowering developers to flexibly access diverse AI capabilities. Log in to b.ai to explore.
MNX Lists Pre-IPO Futures Contracts for OpenAI and 3 Other Private AI Companies
Odaily News: MNX, a cryptocurrency exchange built on MegaETH by Manifold Markets, has listed futures contracts that allow investors to trade on the valuations of private AI companies including OpenAI, Anthropic, DeepSeek, and Moonshot.These contracts expire at the end of 2027 and do not charge periodic funding fees, but settlement prices may differ from the prices investors pay when purchasing shares in private companies.MNX allows traders to use up to 3x leverage on their available funds, currently does not serve U.S. customers, and plans to expand into markets related to the broader AI economy. (CoinDesk)
Binance Will List MOONSHOT USDT-Margined Pre-IPO Perpetual Contracts
According to the official announcement, Binance will list the MOONSHOTUSDT USDT-M Pre-IPO Perpetual Contract, with Beijing Moonshot Artificial Intelligence Technology Co., Ltd. as the underlying asset, on September 22 at 16:30 (UTC+8). The contract supports up to 20x leverage and 24/7 trading, with funding settlements occurring every 4 hours. If the underlying asset successfully completes its IPO, it will transition to a standard perpetual contract on traditional financial assets; if the listing fails, the contract will be removed.
Kimi K2.8 Preview Officially Launches on B.AI, API and Web Chat Now Simultaneously Available
The B.AI platform announced the official launch of Moonshot AI's latest preview model, Kimi K2.8 Preview, simultaneously making both API and Web Chat access available to developers.
Related news
Moonshot K3.1 Pro High-Speed Version 2x to 3x Faster
Moonshot AI launches Kimi K3.1 Pro and K3.1 Pro Highspeed, with the high-speed version operating at 2 to 3 times the speed of the standard version, and announces multiple test results.
Moonshot AI will soon release Kimi K3.1.
Moonshot AI will soon release Kimi K3.1, which adds a new "medium" thinking intensity setting, supporting four levels in total: low, high, max, and medium. Additionally, today the official Kimi account released a 24-second video, with the model field at the top left reading: Model: Kimi K3.1.
Moonshot AI 17-year-old researcher Chen Guangyu resigns, rumored to join US AI company Discovery Loop
According to Yonhap News Agency, 17-year-old researcher Chen Guangyu, who previously contributed to the development of Moonshot AI’s Kimi K3 model, has departed. A social media account tracking U.S. AI talent mobility, named "Aper Grok," reported that he has joined Discovery Loop. Chen himself has not publicly confirmed his next destination, while Discovery Loop declined to comment on personal matters. Starting in November 2025, Chen served as a machine learning researcher on the Kimi team, deeply involved in the research and development of the Kimi K3's underlying architecture. On social media, he thanked the company for hiring him at age 16 and stated that he would relocate to the San Francisco Bay Area. Rumors had suggested he might join Anthropic, but he has denied them. Established in August of this year by Jeff Dean and three other former Google researchers, Discovery Loop is dedicated to automating scientific research with AI and has yet to launch any products.
B.AI Releases Weekly Token Ranking for Domestic Model Brands: Xiaomi Gains Strong Momentum, DeepSeek Continues to Lead
Odaily News — On October 16, B.AI published its weekly token ranking for domestic model brands covering October 9 to 15. Xiaomi's model token usage held steady at No. 2 for the third consecutive week, surging 49.9% week-over-week, with its platform token usage share rising 10.4 percentage points. DeepSeek continued to lead this week with a total of 1.03T tokens. Zhipu grew 44.3% week-over-week, with its platform share increasing 3.7 percentage points, ranking No. 3. Moonshot's token usage skyrocketed 286.5% week-over-week. With multiple models competing side by side, real usage bears witness to market shifts. B.AI continues to expand model options, empowering developers to flexibly access diverse AI capabilities. Log in to b.ai to explore.
Bank of America Withdraws from Moonshot AI's Hong Kong IPO Underwriter List
According to Bloomberg, sources familiar with the matter said that Bank of America Corp. is no longer acting as a potential underwriter for China-based artificial intelligence startup Moonshot AI's initial public offering (IPO). Previously, the bank had entered into talks to serve as the overall coordinator for its Hong Kong IPO, but negotiations ultimately failed to secure a formal mandate. This development comes as the Chinese AI firm faces strict scrutiny in the United States.
MNX Lists Pre-IPO Futures Contracts for OpenAI and 3 Other Private AI Companies
Odaily News: MNX, a cryptocurrency exchange built on MegaETH by Manifold Markets, has listed futures contracts that allow investors to trade on the valuations of private AI companies including OpenAI, Anthropic, DeepSeek, and Moonshot.These contracts expire at the end of 2027 and do not charge periodic funding fees, but settlement prices may differ from the prices investors pay when purchasing shares in private companies.MNX allows traders to use up to 3x leverage on their available funds, currently does not serve U.S. customers, and plans to expand into markets related to the broader AI economy. (CoinDesk)