Kuaishou beats estimates as Kling AI video generator’s revenue jumps 300%
Chinese short-video company Kuaishou Technology beat estimates with 33.7 billion yuan (US$5 billion) in revenue in the first quarter, driven by the rapid commercialisation of its flagship artificial intelligence video generator, Kling AI. Overall revenue grew 3.4 per cent, but Kling’s revenue surged more than 300 per cent to 650 million yuan in the period, the company said on Wednesday. “AI technologies continued to provide the momentum for our content prosperity, business gr
Kuaishou Technology, a Chinese short-video platform, announced first-quarter revenue of 33.7 billion yuan, surpassing analyst expectations. This performance was significantly boosted by its artificial intelligence video generator, Kling AI, which experienced a remarkable surge in revenue. Kling AI's revenue climbed over 300% to reach 650 million yuan during the same period. The company highlighted that AI technologies are a key driver for its content development and business expansion.
The impressive growth of Kuaishou's AI video generator indicates a strong market demand for advanced AI content creation tools and their successful integration into commercial applications.
📌 Kaynak
Bu özet SCMP Tech kaynağından otomatik derlenmiştir. Tamamı için orijinal habere gidin.
Orijinal haberi oku →