techl8

Kuaishou Announces Kling AI Video Unit’s Fundraising at $15 Billion

Kuaishou Announces Kling AI Video Unit’s Fundraising at $15 Billion Valuation

Kuaishou Technology said its Kling AI video unit has raised $2 billion in a fundraising at a pre-money valuation of $15 billion, as the Chinese social media giant taps outside investors to fund the unit’s rapid growth. As the agreement allows more investors to join the funding…

Source: The Information · Opens in new tab