Kuaishou's Kling AI Raises Over 2.04 Billion Yuan as Big Fund III Takes Stake
智东西 · wechat · 2026-09-01
Kuaishou's Kling AI has completed a capital increase, fully utilizing its 2.0447-billion-yuan subscription limit. The National AI Industry Investment Fund (controlled by Big Fund Phase III) injected 1.4 billion yuan, while CP Robotics contributed 131 million yuan. Meanwhile, existing investors including Alibaba Cloud and Tencent adjusted their contributions, bringing registered capital to approximately 96.1759 million yuan. On the business side, Kling AI posted revenue of over 850 million yuan in Q2 2026, up more than 200% year over year. On the product front, Kling has launched native 4K video generation as well as MCP/CLI tools that support agent orchestration.
More from Companies & People
- 562 AI PM job postings split into 4 roles — Model PM tops pay at $345K median — aakashgupta · 2026-10-18
- SGLang Summit sponsors grow from 11 to 36 in one week; Lip-Bu Tan, Lilian Weng to speak — BanghuaZ · 2026-10-18
- Yacine MTB: Users will remember how Anthropic treated them once intelligence proliferates — yacineMTB · 2026-10-18
- Periodic's CoLM talk: when does training your own model beat frontier + harness? — heghbalz · 2026-10-18
- DeepSeek reportedly invests in embodied AI startups, in talks with robot founders — 量子位 · 2026-10-18
- After GHC Cancellation, GitHub and Cloudflare Offer 175 Free Conference Passes — michellechen · 2026-10-18