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Kling AI Spins Out at $18B Valuation

Kuaishou is spinning out its Kling AI video-generation model into a separately financed company, attracting investment from Tencent, Alibaba Cloud, Baidu, and other institutions at an implied valuation of $18 billion. Kling has surpassed 100 million global users and nearly 50,000 enterprise customers, but continues to generate substantial losses because of compute costs.

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When AI Diagnoses Clash With Doctors

Patients are increasingly bringing answers from Doubao and other AI assistants into hospitals, sometimes challenging doctors' diagnoses and requesting unnecessary tests. The article documents how AI hallucinations, incomplete symptom interpretation, and misplaced patient trust are increasing consultation time and worsening doctor-patient friction.

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