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Market Chatter: Moonshot AI Says Hong Kong IPO Filing Reports Inaccurate

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Chinese artificial intelligence startup Moonshot AI is expected to file for a Hong Kong initial public offering as early as August, aiming to raise about $3 billion, The Standard reported, citing International Financing Review.

The company, however, said the development was inaccurate, according to the report.

The listing plans follow Moonshot AI's recent funding round, in which it raised $3.5 billion, valuing the company at $35 billion, the report added.

Moonshot did not immediately respond to' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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