Comment by moffkalast 2 days ago
Well to be the devil's advocate: One is a household name that holds most of the world's silicon wafers for ransom, and the other sounds like a crypto scam. Also estimating valuation of Chinese companies is sort of nonsense when they're all effectively state owned.
I'm not sure if that is accurate, most of the funding they've got is from Tencent and Alibaba, and we know what happened to Jack Ma the second he went against the party line. These two are defacto state owned enterprises. Moonshot is unlikely to be for sale in any meaningful way so its valuation is moot.
[0] https://en.wikipedia.org/wiki/Moonshot_AI#Funding_and_invest...
There isn't a single % that is state owned in Moonshot AI.
And don't start me with the "yeah but if the PRC" because it's gross when US can de facto ban and impose conditions even on European companies, let alone the control it has on US ones.