General Atlantic wants to back China’s Kling AI at $18bn. Beijing is telling its AI firms to refuse US money. (opens in new tab)

A US investor wants to buy into China’s most successful AI-video company. The timing could hardly be more awkward. General Atlantic is in talks to lead the first outside funding round for Kling AI, the video arm of Chinese tech group Kuaishou, Bloomberg reported. Kling is seeking more than $2bn at a valuation of $18bn, […] at The Next Web