Kling AI Raises $2 Billion to Expand Video Operations as Funding Could Reach $3 Billion
Updated
Updated · Bloomberg · Jul 2
Kling AI Raises $2 Billion to Expand Video Operations as Funding Could Reach $3 Billion
3 articles · Updated · Bloomberg · Jul 2
Summary
$2 billion in initial venture funding gives Kling AI fresh capital to scale its AI video business, marking a major financing round for the Kuaishou spinoff.
Kuaishou said additional investors could still join the round, which may lift the total fundraising to about $3 billion.
The raise underscores Kling AI's push to broaden its video-focused AI operations as competition for capital in generative AI remains intense.