Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Politics › China AI Star Moonshot Eyes $2 Billion Annualized Sales in 2026
Politics

China AI Star Moonshot Eyes $2 Billion Annualized Sales in 2026

Bloomberg Technology Friday 11 September 2026, 09:17 UTC By Bloomberg News 1 min read
Key Points

Moonshot AI is targeting a manifold jump in annualized revenue to $2 billion by the end of the year, using the breakout success of its Kimi K3 model to dial up the heat on rivals from Anthropic PBC to Z.AI Co.

Moonshot AI is targeting a manifold jump in annualized revenue to $2 billion by the end of the year, using the breakout success of its Kimi K3 model to dial up the heat on rivals from Anthropic PBC to Z.AI Co.
China (LOCATION) Moonshot AI (ORG) Kimi (PERSON) PBC (ORG) Z.AI Co. (ORG)
Originally published by Bloomberg Technology Read original →

Related Stories

MP with terminal cancer says backing assisted dying bill is ‘nothing short of irresponsible’ in impassioned plea

MP with terminal cancer says backing assisted dying bill is ‘nothing short of irresponsible’ in impassioned plea ‘My days may be numbered, but that doesn't mean that I want this chamber to rush through bad law just so I might have a chance to see it or use it’, Ashley Dalton told the Commons - Bookmark - CommentsGo to comments A former minister who has stage 4 incurable breast cancer has made an impassioned plea against assisted dying, telling MPs that it would be "nothing short of...

The Independent UK 7m ago

EU pledges €6.1bn for Ukraine, including aid for Patriot interceptors

Brussels is trying to persuade EU countries that still have Patriot interceptors in their national stockpiles to donate them to Ukraine and replace them at a later stage with deliveries scheduled for 2027. The European Union is set to provide Ukraine with €6.1 billion in additional assistance to help the war-weary country purchase military equipment, notably the Patriot interceptors badly needed to shoot down Russia's devastating ballistic missiles. The funding, announcedon Friday, will come...

Euronews 8m ago

ICG Targets €15 Billion for Latest European Direct Lending Fund

ICG Plc is targeting €15 billion ($17.4 billion) for its sixth European direct lending fund as the biggest private-credit managers continue to attract the bulk of new institutional money.

Bloomberg Markets 14m ago

Biotechnology at scale: Europe’s next competitiveness test

Biotechnology at scale: Europe’s next competitiveness test Key findings Biotechnology is increasingly important to Europe’s healthcare, food security, industrial decarbonization and strategic autonomy, generating €75.16 billion in gross value added in 2022. The EU retains major scientific strengths, but struggles to translate research into companies, manufacturing capacity, commercial value and broad societal benefits.

Politico EU 16m ago