Kuaishou Seeks $20 Billion Valuation for Kling AI Ahead of 2027 IPO

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Kuaishou Technology is planning to spin off its Kling AI video business ahead of a 2027 initial public offering, seeking a $20 billion valuation in pre-IPO talks as it tries to capitalize on investor appetite for AI stocks.

Kling generated $75 million in first-quarter revenue and is projected to reach $1.3 billion in annualized revenue by the first quarter of next year.

From the sources (3 posts)

@wallstengine

Chinese social media giant Kuaishou plans to spin off its Kling AI video unit for a 2027 IPO, seeking a $20B valuation in pre-IPO talks. Kling generated $75M in Q1 revenue and is projected to reach $1.3B in annualized revenue by Q1 next y

@theinformation

Chinese social media giant Kuaishou Technology is planning to spin off its Kling AI video business ahead of an initial public offering next year, in an attempt to capitalize on investors’ appetite for AI stocks. Full story:

@techmeme

Sources: Kuaishou plans to spin off its Kling AI video unit for an IPO in 2027 and is seeking a $20B valuation in pre-IPO funding talks with potential investors (The Information) (Visit Techmeme dot com for the link and full context!)

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