Kuaishou's Kling AI secures $2.028B from initial investors at $18B post-money valuation

快手可灵AI获初始投资者20.28亿美元注资，投后估值180亿美元

Kuaishou confirmed that Beijing Kling signed agreements with 21 initial investors for a $2.028B cash injection. On the same day, 15 additional investors joined with another $766M. The round is capped at $3B for roughly 16.67% equity, giving a $18B post-money valuation—down from the $20B target Kuaishou set in April. A source close to the deal said Kuaishou plans to list Kling AI in Hong Kong within 12 months, with IPO proceeds earmarked for compute, data centers, and talent.

Why it matters: Kuaishou Kling secures $2B+ in funding at $18B post-money — one of the largest single rounds in domestic video generation. All three HKR axes hit: the $2B valuation gap creates intrigue, round structure is concrete, and it resonates with both AI builders and investors. Not sco...