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Kuaishou Spins Off Kling AI With $3B Funding Round, Tencent Alibaba and Baidu Join as Investors
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Kuaishou Spins Off Kling AI With $3B Funding Round, Tencent Alibaba and Baidu Join as Investors
Kuaishou has unveiled a restructuring plan for its Kling AI video generation business, announcing a spin-off and independent funding round of up to $3 billion, with a mandatory IPO deadline of October 30, 2031. The plan was disclosed on the evening of July 2, 2026, according to a company announcement reviewed by Times Finance.Under the restructuring framework, Kling AI's assets and operations will be consolidated into Beijing Keling Intelligent …
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