Leading unicorn enterprise in domestic large model industry, Kimi, has undergone significant changes in its latest shareholder list. In addition to previously existing internet giants and industry funds, several powerful state-owned capital institutions and central SOEs have been officially added to its shareholder register.

The newly added investors include state-owned capital institutions such as Guozhitou and Beijing Artificial Intelligence Fund, as well as China Mobile, one of the three major telecom operators. This marks a key integration in Kimi's capital structure, successfully securing dual support from the national team in terms of computing power and financial resources.

Securing nearly 4 billion USD in just half a year

With the entry of state-owned capital and central SOEs, Kimi's recent 2 billion USD (approximately 13.625 billion RMB) massive financing is now in the final stage. This is another major move in the capital market for the company, following three rounds of intensive financing in the first two months of this year.

In less than half a year, Kimi's total fundraising has exceeded 3.9 billion USD. Its latest valuation has more than quadrupled compared to 4.3 billion USD in November last year, making it the company with the highest cumulative fundraising among domestic large model startups.

Two wings flying together: technology and ecosystem

At the same time as its rapid progress in the capital field, Kimi has also achieved new breakthroughs in product development and technology research and development. The AI coding tool Composer 2.5, based on the deep integration of Kimi K2.5 model base, has been officially integrated into the globally renowned coding application Cursor.