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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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