Kling AI, Kuaishou’s AI video generation business, raised nearly $3 billion in external funding on July 2, with its post-money valuation expected to reach

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