Moonshot AI has told investors that confirmed their interest in its pre-IPO round that the financing will complete its final closing on August 27, according to IPO Zaozhidao. The round, which is underway, values Moonshot AI at about USD 50 billion on a pre-money basis. Moonshot AI later said the report was inaccurate. Moonshot AI’s accelerated preparations for a Hong Kong listing could reflect several factors:Kimi K3 has given Moonshot AI a new technology and commercialization story. The Hong Kong stock market’s capacity to support valuations for artificial intelligence and computing infrastructure companies is not unlimited.