Deep Tech Funding Surge: From Moonshot's $50B IPO to India's Patient Capital Push

Moonshot AI's confidential Hong Kong IPO filing targeting a $50 billion valuation and plans to raise up to $5 billion marks a watershed moment for Chinese AI companies. No longer just about innovation, these firms must now prove revenue growth to justify sky-high valuations—a reality check after the memestock frenzy surrounding peers like Zhipu.

Noise

Amid the AI valuation scrutiny, Indian space startup Pixxel secured $100 million in a Series C led by Temasek and...