AIVentureburnabout 2 hours ago
Kling AI raises $2.8B at $18B valuation
4 min read
Kling AI secured 2.8 billion yuan in funding from Alibaba, Tencent, and Baidu while reaching an 18 billion yuan post-money valuation by mid-2027. The company expects annualized revenue of 500 million yuan by March 2026 after launching its independent entity status.
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