Kuaishou Weighs Kling AI Spin-Off as Generative Video Valuations Surge
Market sources indicate Kuaishou Technology is considering spinning off its AI video-generation unit Kling AI for a separate IPO next year, alongside discussions for a pre-IPO fundraising round. Kling, launched in 2024, is positioned as a Sora-like model with in-house enhancements and is reportedly being valued around $20 billion.