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AI CURATED HOT STORY · 10/31/2026

Kuaishou's Kling AI Completes ~$2.9B Funding Round at $18B Valuation

1 reports archived1 independent sourcesupdated 10/31/2026, 08:16:45
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Kuaishou has finalized the independent funding round for its video generation model, Kling AI, with actual capital injection totaling approximately 19.8 billion RMB. Although some investors failed to meet their full commitments, resulting in a slightly lower final amount than the cap, the post-money valuation remains around $18 billion (approx. 120 billion RMB), backed by state funds, Alibaba Cloud, and industrial capital.

LATEST/Kuaishou has finalized the independent funding round for its video generation model, Kling AI, with actual capital injection totaling approximately 19.8 billion RMB. Although some investors failed to meet their full commitments, resulting in a slightly lower final amount than the cap, the post-money valuation remains around $18 billion (approx. 120 billion RMB), backed by state funds, Alibaba Cloud, and industrial capital.

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