Kuaishou files for a $3 billion Kling AI funding round in Hong Kong at an $18 billion valuation, led by General Atlantic and Tencent, with an IPO planned

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