Alibaba Group Holding Ltd. joined a $2.8 billion financing round for Kuaishou Technology’s Kling AI, valuing the creator of one of China’s most popular generative video services at about $15 billion before the investment.
Alibaba Group Holding Ltd. joined a $2.8 billion financing round for Kuaishou Technology’s Kling AI, valuing the creator of one of China’s most popular generative video services at about $15 billion before the investment.
A general view shows fairgoers in front of the KlingAI booth at the Shanghai New Expo Center during the opening day of the World Artificial Intelligence Conference (WAIC) 2025 in Shanghai, China, on July 26, 2025.
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