Kuaishou’s AI ace valued at $18 billion as countdown to spinoff begins
The short video giant is preparing to cut the financial cord with its Kling unit, opening up new valuation room for the popular AI video asset Key Takeaways: Kuaishou is…
Meitu thrives on exploding demand for paid AI content creation
Soaring demand for AI-generated product images, short videos and commercial content is transforming the company into a pay-per-use AI content platform Key Takeaways: Meituan’s first-quarter revenue from imaging and design…
BRIEF: Kuaishou eyes spinoff for Kling AI video creation unit
Short video site operator Kuaishou Technology (1024.HK) said on Tuesday it is considering a potential restructuring that would allow its Kling AI unit to conduct its own fundraising. Kuaishou said…
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