Yang Zhilin, founder of Moonshot AI and a professor at Tsinghua University's School of Interdisciplinary Information, is the first author of papers such as XLNet. Moonshot AI, founded by Yang Zhilin, has completed its first round of financing of nearly 2 billion yuan, with investors including Sequoia Capital. Moonshot AI has launched its first large model product, Kimi Chat, which supports input of 200,000 Chinese characters. Through algorithmic innovation, Moonshot AI has achieved the practical application of large models in long text scenarios. Moonshot AI stated that it will continue to increase investment in technological research and development to promote large models.