Alibaba-backed startup Moonshot AI valuation up $500 million: sources

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Pictured here is Moonshot AI’s Kimi chatbot displayed on a smartphone. Bloomberg | Bloomberg | Getty Images BEIJING — An Alibaba-backed AI startup is currently being valued at $4.8 billion in a fresh funding round, two people with knowledge of the deal said, just weeks after it was valued at $4.3 billion. Moonshot AI is the […]


Alibaba-backed PixVerse launches real-time AI video tool

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A screenshot of the PixVerse AI video generation home page showing sample clips. Screenshot BEIJING — An Alibaba-backed startup is pushing artificial intelligence toward real-time, interactive video creation. PixVerse on Tuesday released an AI tool that allows users to control how a video unfolds while it is being generated. And just like a movie director, […]