Kuaishou Technology announced today that its board is evaluating a restructuring plan for the assets and business related to Kuaishou AI. This restructuring plan may involve introducing external financing to support the company's future development.

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Kuaishou AI is a video generation large model independently developed by Kuaishou's AI team, and it is expected to be officially launched in June 2024. On January 31 this year, Kuaishou released the Kuaishou 3.0 series, which includes Image 3.0, Video 3.0, and Video 3.0 Omni. All of these have undergone technological upgrades, offering users a richer content generation experience.

On March this year, the founder and CEO of Kuaishou, Cheng Yixiao, said that the team maintains strong confidence in achieving a twofold increase in revenue for Kuaishou AI in 2026. Currently, the financing plan for Kuaishou AI is also being actively promoted. According to LatePost, Kuaishou plans to split and raise funds for Kuaishou AI at a valuation of $2 billion. The annualized revenue of Kuaishou has already reached $500 million and has doubled before the Spring Festival.

Kuaishou is currently in discussions with multiple investors, including Tencent, to raise $2 billion. Although the transaction is not yet completed, this financing initiative will help Kuaishou AI develop independently and further enhance its competitiveness in the video generation field.

While deploying Kuaishou AI, Kuaishou Technology is also actively seeking funding support to promote rapid business expansion and technological advancement.

Key Points:   

📈 Kuaishou Technology is evaluating a plan to restructure the assets and business related to Kuaishou AI, which may involve introducing external financing.   

🤖 Kuaishou is an advanced video generation model developed by Kuaishou's AI team, and it will be officially launched in 2024.   

💰 Kuaishou plans to split and raise funds for Kuaishou AI at a valuation of $2 billion, with annualized revenue already reaching $500 million.