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📊 Huge AI Investment: Alibaba Joins a $2,000 Million Round for Kling 🤖🚀
The generative artificial intelligence sector in Asia is consolidating strongly.
Alibaba Group has joined a $2 billion funding round for Kling AI, owned by Kuaishou Technology, valuing the popular generative video creator at around $15 billion before the investment 🏛️💸.
This strategic move is backed by other tech giants such as Baidu and Tencent.
Total fundraising is projected to reach up to $3 billion with future participation. After the news, Kuaishou shares rose by as much as 6.9% in Hong Kong 📉📈.
Kling directly competes with platforms such as Seedance (ByteDance) to provide high-quality clips to filmmakers and creative studios 🎬.
Do you think generative AI growth will continue to strongly drive tech markets this year? 🧐 I’d love to hear your thoughts below 💬👇
$BTC
$BNB
#BinanceSquare #Alibaba #KlingIA #InteligenciaArtificial #TechNews 🚀
The generative artificial intelligence sector in Asia is consolidating strongly.
Alibaba Group has joined a $2 billion funding round for Kling AI, owned by Kuaishou Technology, valuing the popular generative video creator at around $15 billion before the investment 🏛️💸.
This strategic move is backed by other tech giants such as Baidu and Tencent.
Total fundraising is projected to reach up to $3 billion with future participation. After the news, Kuaishou shares rose by as much as 6.9% in Hong Kong 📉📈.
Kling directly competes with platforms such as Seedance (ByteDance) to provide high-quality clips to filmmakers and creative studios 🎬.
Do you think generative AI growth will continue to strongly drive tech markets this year? 🧐 I’d love to hear your thoughts below 💬👇
$BTC
$BNB
#BinanceSquare #Alibaba #KlingIA #InteligenciaArtificial #TechNews 🚀
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