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🌕Moonshot AI Kimi @Kimi_Moonshot valuation rises to $31.5 billion, ARR exceeds $300 million, revenue curve shows early signs of Anthropic @AnthropicAI
Moonshot AI Kimi's previous round of financing at a $20 billion valuation has recently closed, and a new round of financing has already been initiated, with the pre-money valuation rising to $31.5 billion.
According to sources close to Kimi, the company disclosed its latest revenue figures during this round of financing: in mid-June, ARR (Annual Recurring Revenue) exceeded $300 million. The recent revenue growth for Kimi is mainly driven by increased developer usage and higher API revenue resulting from 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 similar to the early commercialization phase of Anthropic: increased developer call volume, a rising share of API revenue, growth in paid overseas users, and an upward shift in the price system driven by iterative model capabilities.