Kling AI Hits 100 Million Users, Kuaishou Plans Spin-off

Kuaishou's AI video platform Kling AI celebrated its second anniversary by announcing over 100 million global users and nearly 50,000 business clients. In the past year, Kling AI underwent 26 updates, expanding into film, advertising, music videos, gaming, e-commerce, and smart hardware.

To mark the occasion, Kling AI released a short film entirely generated by its own AI. On the business side, Kuaishou is evaluating a potential spin-off of Kling AI's assets and operations, possibly seeking outside investment. Reports say Kling AI is in its first funding round post-spin-off, with a pre-investment valuation of $18 billion, aiming to file for a Hong Kong IPO by early 2027.