Kling AI raises two billion dollars as Kuaishou spins off its fastest-growing business
Kling AI, the video generation unit of Chinese tech company Kuaishou, has raised an initial two billion dollars in venture capital funding, the company said on Thursday. Further investors could still join the round, potentially pushing the total to roughly three billion dollars and diluting Kuaishou’s stake to about 68 percent, according to Kuaishou’s statement. […]<br /> This story continues at The Next Web [...]
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Chinese AI video maker Kling raises $2 billion as it gears up for Hong Kong IPO
Kuaishou has raised about $2 billion from investors for its AI video division, Kling.<br /> The article Chinese AI video maker Kling raises $2 billion as it gears up for Hong Kong IPO appeared f [...]
Adobe’s new Firefly AI Assistant wants to run Photoshop, Premiere, Illustrator and more from one prompt
Adobe today launched its most ambitious AI offensive to date, unveiling the Firefly AI Assistant — a new agentic creative tool that can orchestrate complex, multi-step workflows across the company&# [...]
General Atlantic wants to back China’s Kling AI at $18bn. Beijing is telling its AI firms to refuse US money.
A US investor wants to buy into China’s most successful AI-video company. The timing could hardly be more awkward. General Atlantic is in talks to lead the first outside funding round for Kling AI, [...]
Kling 2.6 adds voice control and motion upgrades as AI video tools race toward realism
Few areas have seen as much AI progress this year as video generation. Chinese company Kuaishou is closing out the year with new features for Kling 2.6: a technically impressive update that shows just [...]
Anthropic says it hit a $30 billion revenue run rate after 'crazy' 80x growth
Dario Amodei is not the kind of CEO who talks loosely about numbers. The Anthropic co-founder and chief executive, a former VP of research at OpenAI with a PhD in computational neuroscience from Princ [...]
Chinese AI video model Kling 3.0 takes another step toward usable creative assets
Kling AI launches video model 3.0 with longer clips, improved character consistency, and 4K image generation.<br /> The article Chinese AI video model Kling 3.0 takes another step toward usable [...]
Cerebras stock nearly doubles on day one as AI chipmaker hits $100 billion — what it means for AI infrastructure
Cerebras Systems, the Silicon Valley chipmaker that built the world's largest commercial AI processor, erupted onto the Nasdaq on Wednesday, opening at $350 per share — nearly double its $185 I [...]
Microsoft and OpenAI gut their exclusive deal, freeing OpenAI to sell on AWS and Google Cloud
Microsoft and OpenAI on Monday announced a sweeping overhaul of the partnership that has defined the commercial AI era, dismantling key pillars of exclusivity and revenue-sharing that bound the two co [...]