Kuaishou confirmed a two billion dollar raise for Kling AI, with more investors potentially pushing the total to three billion dollars.

The Kuaishou Technology spin-off aims to start Hong Kong listing process within a year, as annual recurring revenue soars following latest AI video model release.

Kuaishou's Kling AI seeks over $2 billion at an $18 billion valuation led by General Atlantic, highlighting the divergence between traditional AI and crypto