Kuaishou's Kling AI is on the verge of completing a significant financing round exceeding $3 billion, with a post-investment valuation of $18 billion. A Middle Eastern fund is reportedly leading this round, with potential participation from major investors like Tencent, Alibaba, General Atlantic, and Sequoia. This financing marks the largest deal in the global AI video generation sector for 2026. Kling AI plans to restructure and reform its shares by 2026, aiming to submit a listing application in early 2027. Despite an initial valuation expectation of $20 billion, market feedback led to a reassessment at $18 billion. Kling AI's revenue surged over 300% year-on-year in Q1, reaching 650 million yuan, with an annualized recurring revenue of $500 million. The platform boasts over 60 million global users and has generated more than 600 million videos.