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Kuaishou plans Kling AI video spinoff IPO in 2027 at $20B

Kuaishou plans to spin off its Kling AI video unit for a 2027 IPO, seeking a $20 billion valuation in pre-IPO funding talks with investors.

May 11 · · primary fetch1 sourceupdated May 11 ·

The Information: Sources: Kuaishou plans to spin off its Kling AI video unit for an IPO in 2027 and is seeking a $20B valuation in pre-IPO funding talks with potential investors — Chinese social media giant Kuaishou Technology is planning to spin off its Kling AI video business ahead of an initial public offering next year …

read full article on techmeme.com
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  1. techmeme.comSources: Kuaishou plans to spin off its Kling AI video unit for an IPO in 2027 and is seeking a $20B valuation in pre-IPO funding talks with potential investors (The Information)primary