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Kling AI Raises $3 Billion as Kuaishou Splits Strategy

Kling AI Raises $3 Billion as Kuaishou Splits Strategy

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.

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Why AI Companies Are Destroying Books

The article reports that Anthropic and Amazon have reportedly purchased large volumes of physical books, scanned them, and destroyed the originals to reduce copyright risk in AI training. It argues that this strategy is tied to differences in US and Chinese copyright law, while also raising concerns about the irreversible loss of cultural artifacts.

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