{"id":1018846,"date":"2026-07-04T07:55:01","date_gmt":"2026-07-04T02:25:01","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1018846"},"modified":"2026-07-04T07:58:13","modified_gmt":"2026-07-04T02:28:13","slug":"alibaba-tencent-back-kuaishous-kling-ai-in-2-8-billion-fundraise","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/07\/04\/alibaba-tencent-back-kuaishous-kling-ai-in-2-8-billion-fundraise\/","title":{"rendered":"Alibaba, Tencent back Kuaishou&#8217;s Kling AI in $2.8 billion fundraise"},"content":{"rendered":"<p>China&#8217;s Kuaishou Technology said on Thursday a group of investors including Alibaba and Tencent will inject over 19 billion yuan ($2.80 billion) in Kling AI, while valuing the popular AI video arm at $15 billion on a pre-money basis. <\/p>\n<p>The fundraising underscores investors&#8217; appetite for \u200cChina&#8217;s fast-growing \u2060AI \u2060sector, which continues to attract billions of dollars in fresh capital. \u200bTechnology companies have raised a total of $3.1 billion from stock market listings \u200bin China this year to mid-June, more than five times the amount raised last year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>China&#8217;s Kuaishou Technology said on Thursday a group of investors including Alibaba and Tencent will inject over 19 billion yuan ($2.80 billion) in Kling AI, while valuing the popular AI video arm at $15 billion on a pre-money basis. The fundraising underscores investors&#8217; appetite for \u200cChina&#8217;s fast-growing \u2060AI \u2060sector, which continues to attract billions of dollars in fresh capital. \u200bTechnology companies have raised a total of $3.1 billion from stock market listings \u200bin China this year to mid-June, more than five times the amount raised last year.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1018846","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1018846","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1018846"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1018846\/revisions"}],"predecessor-version":[{"id":1018857,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1018846\/revisions\/1018857"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1018846"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1018846"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1018846"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}