Kuaishou Plans Kling AI Spinoff Ahead of Next-Year IPO, The Information Reports
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Kuaishou Technology is planning to spin off its Kling AI video business ahead of a potential initial public offering next year, according to The Information. The move would position the Chinese social media company to capitalize on investor appetite for artificial-intelligence stocks.
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@theinformationChinese 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: