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      Moonshot AI reportedly completes pre-IPO financing at valuation of about $50 billion

      PANews, October 6 - Moonshot AI has completed its final round of private financing at a valuation of about $50 billion and is moving ahead with an initial public offering (IPO) in Hong Kong in the first quarter of next year, according to people familiar with the matter. The company has also begun preparing to gauge investor interest and may start preliminary talks with investors as early as this month, sources said. Discussions are still ongoing and the timing of the IPO may change, people familiar with the matter said.


      Source: PANews
      .

      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud