Chinese tech giant Kuaishou's AI video unit, Kling AI, has secured over 19 billion yuan ($2.80 billion) in funding from investors including Alibaba and Tencent. This significant investment values the ...

FILE PHOTO: The logo of online video service operator Kuaishou Technology is seen at the China Digital Entertainment Expo and Conference, also known as ChinaJoy, in Shanghai · Reuters The above button ...

Kuaishou stake in Kling AI dilutes to about 68% Funding capped at 20.45 billion yuan Kuaishou shares end flat on Friday after rising as much as 6.9% July 2 (Reuters) - China's Kuaishou Technology ...

Kuaishou raises 19 billion yuan ($2.79 billion) for its Kling AI subsidiary, which targets creators with AI-driven services. The company was reportedly targeting a valuation of $15 billion from the ...

According to a Reuters report, Chinese DRAM maker CXMT (ChangXin Memory Technologies) has signed a long-term supply agreement worth more than RMB 20 billion ($2.94 billion) with Chinese internet giant ...

ChangXin Memory Technologies has signed a long-term DRAM supply agreement with Tencent Holdings valued at more than CNY20 billion (approx. US$2.94 billion), three people with knowledge of the deal ...

CXMT signed multi-year contract to supply server DRAM chips Also in talks with other major Chinese internet companies Memory maker building a new Shanghai plant focused on DRAM Tencent deal comes ...

Tencent Holdings Ltd. is testing an app aimed at helping overseas visitors navigate daily life in China, Jiemian News reported on Sunday. The product, TenPayGo, is designed as a one-stop digital ...

Fresh off an $80 million round from investors including AMD and Hyundai Motor, Video Rebirth is competing shoulder-to-shoulder with tech giants atop a major AI video leaderboard. Now it’s building a ...

Tencent is looking likely to bail on a number of video game investments, according to a Bloomberg report. The Chinese company has, over the last few years, taken minority stakes in a number of ...

A report from Bloomberg suggests that Tencent is in talks to exit some of its minority investments in Japanese studios, including Marvelous, the developer of the Rune Factory, Daemon x Machina, and ...