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Kuaishou shares fall after Tencent joins $2.8 billion raise for Kling AI subsidiary - CNBC

CNBC Jul 2, 2026 at 8:28 PM PDT
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China's Kuaishou, a major social media company, is raising $2.8 billion for its AI video generation tool Kling, with backing from tech giant Tencent. This signals major investment in AI video technology that could compete globally.

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