# Kimi估值315亿美元，效仿Anthropic商业化

- 来源：X.PIN (@thexpin)
- 发布时间：2026-06-30 18:32
- AIHOT 分数：73
- AIHOT 链接：https://aihot.virxact.com/items/cmr0iyifc0286sloleaioye3o
- 原文链接：https://x.com/thexpin/status/2071904820303155321

## AI 摘要

中国AI初创公司正在追随Anthropic的策略。月之暗面的Kimi上一轮融资估值为200亿美元，目前已以315亿美元的投前估值再次融资。消息人士称，Kimi在6月中旬披露其年化收入（ARR）超过3亿美元，得益于模型升级、开发者采用增长以及API需求。API收入目前贡献了总收入的70%以上，Kimi的商业化模式愈发类似于Anthropic早期增长。

## 正文

China's AI startups are chasing Anthropic's playbook. Moonshot AI's Kimi has closed its previous funding round at a $20B valuation and is already raising again at a $31.5B pre-money valuation. Sources say Kimi disclosed an ARR exceeding $300M in mid-June， driven by model upgrades， growing developer adoption， and API demand. API revenue now contributes over 70% of total revenue， with Kimi's commercialization increasingly resembling Anthropic's early growth.