Kling AI

Kling AI has reportedly raised about $2.8 billion, underscoring investor demand for AI video while raising fresh questions about China-linked legal risk.

Reports say Alibaba and Tencent backed Kling AI, a move that suggests China’s AI leaders may prefer platform bets over direct video model rivalry.

Kuaishou’s Kling AI is reportedly raising nearly $3 billion at an $18 billion valuation, underscoring surging investor demand for video AI.