ENTITY Wang Yue

Wang Yue

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RESEARCH · CL_28430 · May 12 · 11:04

Kuaishou plans AI spin-off, seeks $2B funding

Kuaishou plans to spin off its AI subsidiary, KeLing AI, and is seeking $2 billion in funding for the new venture. Separately, a CTO expressed surprise as a major tech company's AI budget was depleted in just four month…