10 results on this page
Kling AI generated more than RMB 850 million in Q2 revenue, up 240% year over year, making it the standout growth driver in Kuaishou’s otherwise slowing business. Kuaishou is prioritizing AI investment, spinning Kling AI out for independent financing at an implied valuation of US$18 billion despite near-term profit pressure.
Kuaishou’s Kling AI raised nearly $3 billion at a post-money valuation of $18 billion, with Kuaishou’s stake falling to 68.33% and a potential Hong Kong IPO targeted by 2031. Despite strong revenue growth, Kling faces slowing momentum, talent departures, and intense competition from ByteDance’s Seedance and open-source video models.
OpenAI’s Q2 2026 revenue reportedly rose to $6.7 billion, but quarterly growth slowed to 18% while operating losses expanded to $12.3 billion. Ahead of a potential trillion-dollar IPO, the company faces pressure from consumer ARPU limits, enterprise competition, falling API prices, and massive compute commitments.
GitLab Dedicated customers can now deploy the AI Gateway for GitLab Duo Agent Platform within their single-tenant SaaS environment. This keeps AI processing aligned with the customer's selected AWS region and enables connections to Amazon Bedrock or preferred model providers.
GitLab 19.3 adds bulk SAST False Positive Detection and Agentic SAST Vulnerability Resolution for existing vulnerability backlogs. Teams can automatically assess findings, dismiss likely false positives, and generate ready-to-merge fixes, including for SARIF-imported third-party scanner results.
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.
GitLab 19.3 introduces the Flow Creator agent, allowing users to describe custom automations in plain language and receive complete, runnable flow definitions. The agent clarifies missing details before generation, while existing permissions and approval controls remain in place.
A court reportedly heard that former Samsung engineers stole process recipes for the company’s 18nm-class DRAM technology for sale to CXMT. One former Samsung engineer who moved to the Chinese memory maker is now reportedly in custody.
King County Library System opened a $5.2 million automated sorting facility in Renton to process materials moving through its 50 libraries. Robotic arms destack totes every 15 seconds and route items into 186 delivery chutes.
GitLab has announced the release of version 19.3. The provided article contains no details about new features, fixes, security changes, or AI-related capabilities.