Why Moonshot AI’s $30B IPO could matter for crypto, not just AI
Moonshot AI is preparing for a Hong Kong IPO targeting a valuation above $30 billion. Recurring annual revenue grew from $200 million in early April to $300 million in mid-June after the Kimi K3 model release. The article notes AI's resurgence may influence crypto, with Bitcoin consolidating between $63,000 and $65,000 and Ethereum near $1,850 to $1,870.
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