Justin Sun: Li Lin Once Concealed Due Diligence Materials, I Lent the Company $30 Million to Fill the Gap

June 8 — Bloomberg reports that Chinese AI startup Moonshot AI is seeking a new funding round of up to $2 billion, which could push the company’s valuation to $30 billion. This move would mark its third financing round in six months, as it races to keep pace with China’s increasingly fierce artificial intelligence competition. The developer behind the popular Kimi chatbot has held preliminary talks with potential investors, with plans to raise more than $1 billion, per sources familiar with the matter. These discussions come as Moonshot nears the close of a financing round led by Meituan, which will set its valuation at $20 billion once finalized. If Moonshot hits its latest funding target, its valuation would jump roughly 7x from the over $4 billion it held as of December this year. Click the original article link below to join BlockBeats’ Feishu AI News channel, which tracks global AI trends and news 24/7.

On June 8th, per HTX market data, ZEC rebounded to break above $430, trading at $432.25 at press time, notching a 14.31% gain over the past 24 hours.

According to an Associated Press reporter, Saudi Arabia issued a missile alert on June 8 for the region around Prince Sultan Air Base—where U.S. troops are stationed and which is located in Sudan.

Market Flash | June 8 Per Bitget market data, SK Hynix has continued its rebound in the South Korean stock market: its intraday decline narrowed to 1.35% after falling as much as 10% earlier today, following a trading session replay. The stock is now priced at 2,043,000 South Korean won, equivalent to $1,316.78. Additionally, SK Hynix is trading at $1,315.6 on Trade.xyz and $1,324.11 on Binance.

June 8 – The White House says the U.S. was not involved in Israel’s missile attack on Iranian targets, Iran’s Press TV reported.

June 8: Rising U.S. stock star analyst KawzInvests (@KawzInvests) shared in an X post that NVIDIA’s Rubin Ultra AI rack power architecture will get an upgrade in 2027, switching from a 48V/54V system to an 800V DC setup. The semiconductor value per rack’s power system will surge from roughly $20,000 to $123,000—driven mainly by a power output jump from 225kW to 600kW, which will demand advanced materials like silicon carbide and gallium nitride. KawzInvests’ analysis notes this upgrade is designed to fix weight and efficiency problems with copper buses at high power levels, with incremental value flowing primarily to power semiconductor suppliers rather than NVIDIA or rack manufacturers. Potential beneficiary stocks include: IFX, MPWR, VICR, NVTS, STM, ON, TXN, ADI, POWI, DIOD, WOLF, AOSL. KawzInvests has 100,000 followers on X, and his tweets focus on AI infrastructure, optical communications, and small-cap growth stocks in these high-resilience sectors. He derives insights from sup