Kuaishou has raised about $2 billion（約3200億円） for its AI video division Kling, pushing the unit's valuation to $18 billion（約2.9兆円） and setting it up for a Hong Kong Stock Exchange listing.
The funding round reflects growing investor interest in Chinese AI companies going public, positioning Kling to compete with global video generation tools from Google, Runway, and ByteDance.
What happened
Kuaishou raised about $2 billion（約3200億円） (13.82 billion yuan) for its AI video division Kling, valuing the unit at $18 billion（約2.9兆円）. The funding round was led by CPE, Guofang Investment, BlueFive, Tencent, and Citic Securities, with more investors potentially joining to push the total to as much as $3 billion（約4800億円）. Kuaishou plans to spin off and list Kling on the Hong Kong Stock Exchange.
Why it matters
Kling is part of a wave of Chinese AI companies pursuing Hong Kong IPOs, alongside recent public debuts by MiniMax and Zhipu AI. Kling competes globally with video tools like Google's Veo 3.1, Runway's Gen-4.5, and ByteDance's Seedance. For businesses evaluating AI video platforms, the funding and scale signal confidence in the market—though Kling is still in early stages of profitability.
What to watch
If additional investors join, Kuaishou's ownership stake in Kling would fall to 68.33 percent. The company recently launched Kling 3.0 video model. The Hong Kong IPO timeline has not been disclosed in the article.
Ask the AI about this article →
For example, today's edition would include:
AI-summarized, only the topics you pick — one digest a day via Email, Slack, or Discord.
Free · takes 30 seconds · unsubscribe anytimeWhat is AIToday? →
Ask AI anything about this article. Q&As are published on this page for other readers too.
Visko raised $10 million in pre-seed funding from Llama Ventures and opened public access to its first foundat…
U.S. markets ended August higher, with the S&P 500 up 2.6% and the Nasdaq up 3.9%
Neurovia AI, an Abu Dhabi-based company, is pitching Saudi security agencies software that it says can compres…
AI company Runway has unveiled Solaris, the first model in a new category it calls "Interface World Models." I…
John Deere introduced JD, a conversational AI tool that lets farmers ask open-ended questions about their hist…
Nvidia CEO Jensen Huang said on Fox Business that AI is creating 'hundreds of thousands' of jobs, including in…
