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Funding Round

Every story we’ve tagged Funding Round.

Business

Chinese AI video maker Kling raises $2 billion as it gears up for Hong Kong IPO

Kling, the AI video division of Kuaishou, raised $2.04 billion in funding from investors like Tencent and Citic Securities. The company is planning to spin off and list on the Hong Kong Stock Exchange. This move values Kling at $18 billion.

#AI Jobs #Funding Round #Market Strategy #Partnerships

The Decoder3 min read20h ago

Business

3,000% bonuses but a growing wealth divide: South Korea grapples with its AI chip boom

South Korea's AI chip industry is booming, driven by Samsung Electronics and SK Hynix, but the wealth generated is not being evenly distributed, leading to concerns about inequality. Some workers are receiving large bonuses, while many others are not benefiting from the boom. The issue is sparking debate about how to share the wealth more widely.

#AI Pricing #Enterprise AI #Funding Round #Market Strategy

The Guardian — AI8 min read1d ago

Business

The Week’s 10 Biggest Funding Rounds: AI, Energy And Biotech Lead The Way

Together AI raised $800 million in Series C financing for its AI infrastructure. The funding round was led by Aramco Ventures and set an $8.3 billion post-money valuation.

#AI Jobs #AI Pricing #Funding Round #Partnerships

Crunchbase News11 min read1d ago

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