Kuaishou shares fall after Tencent joins $2.8 billion raise for Kling AI subsidiary
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Source: CNBC
Published: 2026-07-03 13:28 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Technology & AI, Technology
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Snippet:
Kuaishou Technology shares were trading lower Friday after the company announced a capital injection of almost $2.8 billion for its artificial intelligence subsidiary, Kling AI, including backing from tech giant Tencent.
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