Kuaishou shares jump after Tencent joins $2.8 billion raise for Kling AI subsidiary

Tencent has joined a two point eight billion dollar funding round for Kling AI, Kuaishou's artificial intelligence video generation platform. According to CNBC, Kuaishou shares jumped as much as nearly seven percent on the news, though the gain had pared to less than one percent by the Hong Kong market's Friday open.

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