ReleaseJuly 3, 20261 min read
Kling Raises $2 Billion in Funding, Valuation Soars to $18 Billion Ahead of Hong Kong IPO
Kling, a Chinese AI video maker, has secured $2 billion in funding from prominent investors, pushing its valuation to $18 billion as it prepares for a highly anticipated initial public offering in Hong Kong. This significant investment round positions Kling as a major player in the rapidly evolving AI video market, where it competes with global giants like Google and ByteDance.
Kuaishou has raised about $2 billion from investors for its AI video division, Kling. The article Chinese AI video maker Kling raises $2 billion as it gears up for Hong Kong IPO appeared first on The Decoder.