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104 Kling AI raises two billion dollars as Kuaishou spins off its fastest-growing business

The Next Web
Ana-Maria Stanciuc @ The Next Web 3 place · today 14:22 EDT

Kling AI, the video generation unit of Chinese tech company Kuaishou, has raised an initial two billion dollars in venture capital funding, the company said on Thursday. Further investors could still join the round, potentially pushing the total to roughly three billion dollars and diluting Kuaishou’s stake to about 68 percent, according to Kuaishou’s statement. […]
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