Chinese AI startup Moonshot AI has temporarily suspended subscriptions for its Kimi chatbot. This was reported by Qazaqyia.kz citing Reuters.

The decision comes amid a surge in demand as the company prepares for an IPO. Moonshot AI is not accepting new subscriptions but continues to serve existing users.

Kimi is a popular AI chatbot in the Chinese market. The company is seeking additional funding to expand its services and accelerate IPO preparations.