TechBloomberg Tech3h ago
AI Video Startup Kling Picks Banks for $1 Billion-Plus IPO
TL;DRKuaishou's AI video tool Kling is going public in Hong Kong, targeting $1B+ funding.
Why it matters: Major capital influx signals investor confidence in AI video generation as a viable market.
Kuaishou Technology’s Kling AI has picked banks for a Hong Kong initial public offering that could raise at least $1 billion, according to people familiar with the matter.
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