Recently, it was reported that Kuaishou Technology’s artificial intelligence video service provider, Keching AI, is preparing to go public in Hong Kong for the first time. The underwriting banks have been selected as China International Capital Group, Goldman Sachs, and UBS. The planned fundraising amount is expected to be at least $1 billion, with the goal of completing the listing by 2026.
Although the related discussions are still ongoing, there may be further changes in details, and Kling AI has not given a public response yet. However, this move has attracted widespread attention in the capital market and technology industries.
As a representative product in the field of generative AI video developed in China, Kelian AI has been actively involved in technological iteration and commercialization exploration, with a solid foundation behind its capital activities. In July this year, Kelian AI received a massive financing of nearly $3 billion. This financing was led jointly by CPE Yuanfeng, Guofang Venture Capital, BlueFive, Tencent, Zhongguancun Science City Fund, and CITIC Securities. It also attracted top industrial capital such as Alibaba Cloud and Baidu, as well as leading cultural and entertainment industry entities like Huacheng Film & Television and Mango Industry Investors.
The current global generative AI competition is rapidly shifting from simple model training and technological evolution to commercialization and capitalization. In the face of intense homogenized competition and computing cost challenges in AI video generation, if Keqing AI successfully goes public in Hong Kong, it will not only provide long-term stable funding for its subsequent model development and computing infrastructure construction, but also有望 become a benchmark case for domestic generative AI large-model companies to enter the secondary market, offering important references for industry commercialization and valuation systems.