Yes. Kimi is a brand of Moonshot Ai. Moonshot is legally incorporated in Singapore; executives and devs are mostly in Beijing.

They reportedly use Alibaba cloud extensively, at least for training. Terms of Service say the service is governed by Singaporean law.

Personally, I’d assume the CCP has full access to every packet you send them. K series of models looks cool; you can run they M through Azure if you prefer to do business with a western entity or self host.