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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.

Tencent Gray-Tests Flagship Hunyuan Hy4

Tencent Gray-Tests Flagship Hunyuan Hy4

Tencent's Hunyuan Hy4 has reportedly appeared in the model selection list of the Yuanbao app under an expert-level label and with tool-use capabilities. It is positioned above Hy3 and alongside DeepSeek, following Tencent's recent statement that a larger-parameter Hy4 would launch soon with improved performance and multimodal abilities.

Reddit r/LocalLLaMACommunity10h ago#model-testing#tool-use#multimodal
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