Chinese short-video company Kuaishou’s spin-off, Kling AI, raises an initial $2 billion in venture capital to expand its video artificial intelligence operations, multiple outlets report. The funding comes as Kling AI breaks out from Kuaishou Technology and continues building and scaling its video generation capabilities. Kuaishou’s statements indicate that the round remains open to additional investors, which could increase the total amount raised. One report says the final figure could reach around $3 billion. In that scenario, Kuaishou’s ownership stake would be diluted, with one outlet citing that it could fall to roughly 68 percent. The sources characterize the $2 billion as an initial closing for the investment round, while leaving room for further capital to join. Both reports focus on the same core points: Kling AI is a Kuaishou-affiliated video AI unit, it is raising large-scale venture funding, and the final size of the round and Kuaishou’s resulting stake may depend on whether additional investors participate.