Moon of the Dark Side (Kimi) enters settlement talks ahead of IPO, claims in the old case could exceed $700 million

Beating AI News Flash: Reuters exclusively reports that executives of Moonshot AI are negotiating a settlement with their former company Recurrent AI and its investors, aiming to resolve a nearly two-year arbitration dispute ahead of its Hong Kong IPO. It remains unclear whether the two sides can reach an agreement.

The dispute involves Moonshot AI founder Yang Zhilin and CTO Zhang Yutao, who co-founded Recurrent AI in 2016. According to a letter seen by Reuters, Recurrent AI and some of its in

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