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Kuaishou-backed Kling AI

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China’s Kling AI Nears $3 Billion Fundraising Round with $18 Billion Valuation

Kuaishou-backed Kling AI is preparing for a major funding round amid growing competition in China’s AI video generation market, with plans for a Hong Kong IPO within the year.

Jul 1, 2026, 2:48 PM South China Morning Post World

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