Tencent joins reported $3 billion funding round for Kuaishou’s Kling AI

TechNode: Round co-led by CPE, Guofang Venture Capital, BlueFive, Tencent, CITIC Securities, Zhongguancun Science City Fund, CAS Investment. Alibaba Cloud, Baidu, Huace Film & TV also participated. Lighthouse Capital exclusive financial adviser. Kuaishou confirmed restructuring evaluation in May HKEX filing.