Kuaishou's Kling AI unit raises nearly $3 billion in funding
China's Kuaishou has completed a funding round of nearly $3 billion for Kling AI, its generative video unit, which it plans to list.
By GennnAi··1 min read
Reports put the post-money valuation at about $18 billion. Tencent, Baidu and Alibaba's cloud arm are among the investors. Kuaishou would sell 31.67% of Beijing Kling and keep 68.33%. The group plans an IPO of the unit within 12 months. Kuaishou disclosed the transaction to the Hong Kong stock exchange. More investors can join within 60 days. Amounts vary by source, between roughly $2.8 billion and $3 billion.
Source: Reuters, published on October 30, 2026.