AI News Archive: July 3, 2026 — Part 8
Sourced from 500+ daily AI sources, scored by relevance.
- Alibaba, Tencent back Kuaishou's Kling AI in $2.8 billion fundraise
Chinese tech giant Kuaishou's AI video unit, Kling AI, has secured over 19 billion yuan ($2.80 billion) in funding from investors including Alibaba and Tencent. This significant investment values the popular AI video arm at $15 billion pre-money, highlighting strong investor confidence in China's booming AI sector. Kling AI's revenue quadrupled year-on-year in the March quarter, signaling robust growth.
- Unitree IPO to test valuations as venture capital floods China robotics
Unitree Robotics has secured approval from China’s securities regulator for a Shanghai initial public offering that is poised to set a valuation benchmark for China’s sizzling embodied AI sector. The nod from the China Securities Regulatory Commission came about a month after the Hangzhou-based company cleared a review by the Shanghai Stock Exchange’s listing committee. Unitree is now finalising its underwriting plan, pricing and share subscriptions for a potential debut as early as late...
- Microsoft launches new enterprise AI business with $2.5B investment
Microsoft launches new enterprise AI business with $2.5B investment YourStory.com
- Kuaishou’s Kling AI raises nearly $3 billion in funding
Kling AI, Kuaishou’s AI video generation business, raised nearly $3 billion in external funding on July 2, with its post-money valuation expected to reach $18 billion. The financing will support Kling AI’s transition to independent commercial operations. The round was co-led by CPE, Guofang Venture Capital, BlueFive, Tencent, CITIC Securities and Zhongguancun Science City Fund […]
- Tencent joins reported $3 billion funding round for Kuaishou’s Kling AI
Kuaishou’s AI video generation platform, Kling AI, is reportedly close to completing a $3 billion funding round, with Tencent participating in the investment. Upon completion, Kling AI is expected to be valued at $18 billion. In May, foreign media reported that Kuaishou was planning to spin off Kling AI and launch an IPO as early […]
- Kuaishou Secures Nearly $3 Billion for AI Video Unit
Kuaishou Secures Nearly $3 Billion for AI Video Unit Caixin Global
- Kuaishou’s Kling AI seeks $3b in debut funding round
Kuaishou described Kling AI, launched in June 2024, as an independent AI product for video generation.
- Abu Dhabi’s BlueFive Capital co-leads near $3bln funding round for Chinese video generator KlingAI
BlueFive Capital says the funding is part of its strategy to deepen investments in China
- Chinese AI video maker Kling raises $2 billion as it gears up for Hong Kong IPO
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 .
- OpenAI offers feds a stake, Anthropic gets out of AI model jail and Meta wants to be a neocloud
OpenAI reportedly has floated giving the U.S. government a 5% stake in the company, perhaps the start of a series of such stakes in other AI companies as well. This no doubt has traditional anti-industrial-policy Republicans, all apparently dead now, spinning in their graves, because it’s a dumb idea for all sorts of reasons — […] The post OpenAI offers feds a stake, Anthropic gets out of AI model jail and Meta wants to be a neocloud appeared first on SiliconANGLE .
- What is GLM 5.2? The new Chinese AI model that’s rivalling Anthropic
China's GLM-5.2 rivals Claude and GPT-5.5 and was released a day after the US export ban on Anthropic models.
- Claude Fable 5 is leaving subscriptions, but maybe not for good
Claude Fable 5 is leaving subscriptions after July 7, but Anthropic says it plans to bring the model back when capacity allows.
- Claude Fable 5, Explained: Why Anthropic Ships its Most Powerful Model in Two Versions
The same model now exists twice — one version anyone can use, one version almost nobody can. Here’s what Fable 5 actually is, in plain… Continue reading on Towards AI »
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