AI
BAT Invests $3 Billion in Kling AI: The Reality Behind the "Anti-ByteDance Alliance"
Alibaba, Tencent, and Baidu collectively invest $3 billion in Kuaishou's video generation AI, Kling AI. Despite being dubbed the "Anti-ByteDance Alliance," their combined stake amounts to only 2.51%, revealing the investment's financial nature rather than a strategic coalition.