Kling AI

Kling AI launched its Kling 1.0 video model in June 2024 as a unit of Kuaishou, the Beijing-based short-video company. It develops the Kling family of video and image generation models: Kling Video 3.0 produces multi-shot clips of up to 15 seconds with native audio and lip-sync, and Kling 4.0, released on Oct. 15, 2026, generates clips of 3 to 30 seconds guided by text, image and video references. It sells access to its models through the kling.ai creative studio and an API platform, and Kuaishou reported Kling revenue of more than RMB 850 million in the second quarter of 2026. On July 2, 2026, Kuaishou said investors including Alibaba, Tencent and Baidu would put about 19 billion yuan (about $2.8 billion) into Kling at a pre-money valuation of about $15 billion, which cuts Kuaishou's stake from 100% to about 68%. On Oct. 6, 2026, Bloomberg reported that Kling had picked CICC, Goldman Sachs and UBS for a Hong Kong IPO that could raise at least $1 billion.