Kuaishou Technology is planning to spin off its AI video generation business, KeLing AI, which is reportedly seeking to raise $2 billion at a $20 billion valuation. KeLing AI has already achieved an annualized revenue of $500 million, doubling its income since February. The company is in discussions with potential investors, including Tencent, though the deal is not yet finalized. If successful, KeLing AI would become the highest-valued independent video generation model globally. AI
影响 This spin-off and substantial funding could accelerate advancements and competition in the AI video generation space.
排序理由 Significant funding round for a prominent AI subsidiary.
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