06:41 AM EDT, 03/26/2026 (MT Newswires) -- Alibaba ( BABA )-backed (BABA) Moonshot AI is considering a Hong Kong initial public offering, Bloomberg News reported Thursday, citing people familiar with the matter.

The Chinese artificial intelligence startup behind the Kimi chatbot has held talks with Goldman Sachs ( GS ) and China International Capital about working on an offering, the unnamed sources told the news outlet.

Moonshot and Goldman didn't immediately respond to MT Newswires' requests for comment.

Alibaba ( BABA ) shares were down 3.1% in premarket activity.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)