The Zhitong Finance App learned that according to reports, Dark Side of the Moon has just completed a new round of financing. At a valuation of 35 billion US dollars, it has raised 3.5 billion US dollars. The scale of financing far exceeds previous expectations. This round of financing has benefited from global attention after the release of the breakthrough model Kimi K3, whose performance is close to the cutting-edge products of leading companies such as Anthropic PBC and OpenAI.

People familiar with the matter revealed that the actual financing amount of Dark Side of the Moon was far higher than the initial plan of 1 billion to 2 billion US dollars. The company has now begun to reach out to potential investors. It plans to launch a new round of financing, with a target pre-investment valuation of 50 billion US dollars, and hopes to complete the final round of financing before starting its initial public offering in Hong Kong as soon as this year.

The Chinese AI startup is intensively promoting financing transactions, underscoring the strong interest of investors in it. Kimi K3, which was released this month, was called another “DeepSeek moment” by many industry insiders. It once triggered a wave of global technology stock sell-offs. It is seen as the latest example of how Chinese AI laboratories can still maintain competitiveness with the US in the context of US export controls and limited computing power.

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