Moonshot Secures $500 Million in Series C Funding: Holds Over $10 Billion in Cash, Not Rushing for IPO, Aiming for the Pinnacle of AGI

Leading domestic large model company Moonshot AI has once again shocked the industry. Founder and CEO Yang Zhilin revealed in an internal letter that the company has successfully completed a $500 million Series C funding round. Thanks to continuous financing support, Moonshot AI's cash reserves have now exceeded 10 billion yuan. In the letter, Yang Zhilin clearly stated that the ample cash flow allows the company to "not rush for an IPO," enabling it to more calmly invest in long-term technological R&D.

In terms of talent incentives and R&D investment, Moonshot AI has shown extraordinary strength. In 2025, based on SOTA (state-of-the-art) achievements, the company implemented salary adjustments and stock option or cash rewards for 324 individuals. This level of incentive will double in 2026, with the average incentive amount expected to reach 200% of the previous year's level. At the same time, the company plans to significantly increase the stock option repurchase quota and establish a special reward plan for the launch of K2Thinking and subsequent strategic-level models.