Search results for Kimi K2.6
AI & Enterprise
China\'s Moonshot AI raises $2 billion at $20 billion valuation
Chinese AI model developer Moonshot AI raised $2 billion at a $20 billion valuation, TechCrunch reported on Wednesday. The round was led by Long-Z Investment, the venture capital arm of Meituan, with participation from Tsinghua Capital, China Mobile and CPE Yuanfeng. TechCrunch said Moonshot has raised $3.9 billion over the past six months and that its valuation rose from $4.3 billion at end-2025 to $10 billion in early 2026.
AI & Enterprise
U.S., China step up next-generation LLM race as big tech reshapes coding AI
Competition in large language models is intensifying as leading AI companies in the United States and China release new systems more frequently. OpenAI unveiled GPT-5.5 and began distributing it to paying ChatGPT users, while Anthropic launched Claude Opus 4.7. China’s DeepSeek released preview versions of V4 and Moonshot AI unveiled Kimi-K2.6. The coding AI market is also being reshaped by capital-heavy companies, including SpaceX securing an option to acquire Cursor for $60 billion.
AI & Enterprise
Moonshot AI releases open-source LLM Kimi-K2.6
Chinese AI startup Moonshot AI has unveiled the latest version of its open-source large language model series, Kimi-K2.6, SiliconANGLE reported on Monday. Moonshot AI says Kimi-K2.6 outperforms GPT-5.4 and Claude Opus 4.6 across multiple AI benchmarks. The model is based on the SwiGLU activation function and uses a mixture-of-experts structure with 384 experts, activating eight per prompt to reduce hardware use. It also includes a vision encoder and can run up to 300 agents in parallel.