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💰 MoneyJuly 3, 2026

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 […]

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Source

https://technode.com/2026/07/03/tencent-joins-reported-3-billion-funding-round-for-kuaishous-kling-ai/