Stock Track | Kuaishou-W Soars 5.19% in Pre-Market on Kling AI's $3 Billion Funding Round with Tencent Participation

Stock Track

Jul 02

Kuaishou-W's stock surged 5.19% during pre-market trading on Thursday, following reports of significant developments at its artificial intelligence subsidiary.

The sharp increase comes after media reports indicated that Kuaishou's AI unit, Kling AI, is nearing a $3 billion funding round with Tencent participating as an investor. Upon completion, Kling AI's post-money valuation is expected to reach approximately $18 billion, providing a substantial valuation boost to Kuaishou's AI ambitions.

Additional positive catalysts include Kuaishou's plans to initiate Kling AI's IPO process in Hong Kong within the next twelve months, along with strong financial performance showing Kling AI's first-quarter 2026 operating revenue exceeding 6.5 billion yuan with year-over-year growth of over 300%.

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Upon completion, Kling AI's post-money valuation is expected to reach approximately $18 billion, providing a substantial valuation boost to Kuaishou's AI ambitions.</p><p>Additional positive catalysts include Kuaishou's plans to initiate Kling AI's IPO process in Hong Kong within the next twelve months, along with strong financial performance showing Kling AI's first-quarter 2026 operating revenue exceeding 6.5 billion yuan with year-over-year growth of over 300%.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"01024","symbol_name":"快手-W","start_time":0,"source_url":"","article_id":"1103184167","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1103184167","pubTimestamp":1782955988,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Kuaishou-W's stock surged 5.19% during pre-market trading on Thursday, following reports of significant developments at its artificial intelligence subsidiary.The sharp increase comes after media...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"01024":"快手-W"},"translate_title":"股票赛道|快手-W盘前大涨5.19%克林AI获腾讯控股参与30亿美元融资","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"01024":1},"content_text":"Kuaishou-W's stock surged 5.19% during pre-market trading on Thursday, following reports of significant developments at its artificial intelligence subsidiary.The sharp increase comes after media reports indicated that Kuaishou's AI unit, Kling AI, is nearing a $3 billion funding round with Tencent participating as an investor. 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