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Kling AI

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  1. Jul 3, 2026Kuaishou Spins Off Kling AI in Record $2.8B Round, Setting Up Hong Kong IPO Pulse story

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  1. Asia Startups Raised $38.5B in Q3, AI Drove 55% Of ItAsian startups raised $38.5 billion across Q3 2026, with AI-focused companies pulling in an estimated $21 billion, or about 55% of the total, according to Crunchbase News.→
  2. Crunchbase: Q3 Set A Record For $1B+ RoundsCrunchbase's Q3 2026 data shows a record 27 companies raised billion-dollar-plus rounds as global venture funding hit $159 billion, with AI startups taking 64% of the total.→
  3. 40 Companies Joined the Unicorn Board in JulyCrunchbase counted 40 new companies crossing $1 billion in valuation in July 2026, the highest monthly total in more than four years, led by three decacorns that added a combined $49 billion in value.→
  4. Kuaishou Spins Off Kling AI in Record $2.8B Round, Setting Up Hong Kong IPOKuaishou Technology's video-generation subsidiary Kling AI closed roughly $2.8 billion in spinoff financing at an $18 billion post-money valuation, with rivals Alibaba, Tencent and Baidu all buying into the round ahead of a planned Hong Kong listing.→

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  1. Jul 3, 2026FUNDINGKuaishou Spins Off Kling AI in Record $2.8B Round, Setting Up Hong Kong IPO~$2.8B spinoff round→

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