In brief: Reuters reported that the round targets 19 billion yuan, about $2.8 billion, at a pre-money valuation of roughly $15 billion.

Why does it matter?

AI video is extremely expensive. It requires large amounts of computing power, research and server capacity. A round of this size could fund longer scenes, better character consistency, faster generation and international expansion.

What might users notice?

Stronger competition and faster development cycles. Pressure from Kling, Google, OpenAI and other providers could improve motion, camera control and the relationship between sound and video. Prices may not fall immediately, because running more capable models remains costly.

What does it mean for creators?

It is wise to build a workflow that is not locked to one provider. Strong scene descriptions, visual references, editing skills and post-production remain valuable across platforms.

A seriously unserious ending

When the investment starts rendering

Kling raises $2.8 billion. Gáspár still asks for just one thing: “Please keep the character’s face the same in the next shot.” That remains the real premium challenge.

Source: Reuters — Alibaba, Tencent back Kuaishou's Kling AI fundraiser.