according to The Paper, from multiple informed sources, the K2.5 large model under Kimi, a subsidiary of Moon's Dark Side, was released less than a month ago, and Kimi's cumulative revenue in nearly 20 days has already exceeded the total revenue for the entire year of 2025. The growth is mainly driven by a surge in global paying users and API calls, especially with overseas paying users maintaining rapid growth. Kimi's overseas revenue has already surpassed domestic revenue.

Previously reported, in a round of financing expansion involving Alibaba and Tencent Holdings, the AI startup Moon's Dark Side is seeking to raise its valuation to $10 billion.

Sources say that existing investors, including Alibaba, Tencent, and Five Source Capital, have committed over $700 million in the first phase of the latest financing round. This sets the fastest speed for a domestic company to advance from establishment to becoming a decacorn (valuation over $10 billion).