Kuaishou Technology has secured 19 billion yuan ($2.8 billion) for its artificial intelligence video-generation unit, Kling AI, in a funding round that values the business at $15 billion before the investment. The financing, which remains open to additional investors, aims to raise a total of $3 billion in exchange for a 16.7% stake in the business. Kuaishou said the round is the largest ever completed by a developer of AI video models globally, marking the formal launch of Kling AI as an independently commercialized business.