China’s Moonshot AI raises $2B at $20B valuation as demand for open-source AI skyrockets
Moonshot's annualized recurring revenue topped $200 million in April, driven by rapid growth in paid subscriptions and API usage.
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Moonshot's annualized recurring revenue topped $200 million in April, driven by rapid growth in paid subscriptions and API usage.
Global venture funding reached $56 billion in April, marking the third-largest monthly funding in a year. Funding was up 100% year over year, an increase driven by a handful of large rounds.