【AI+1024】Kuaishou plans to spin off Lingling AI with an estimated valuation of 156 billion yuan

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Abstract generation in progress

Chinese video platform Kuaishou (01024)
Reportedly plans to spin off its AI video generation model “KeLing AI” at a valuation of $20 billion (about HKD 156 billion).

“KeLing AI” previously announced the launch of native 4K direct output functionality in its Video 3.0 series models, supporting users to generate films with theater-level quality with one click, becoming the industry’s first video generation model to achieve native 4K output.

KeLing AI’s revenue in Q4 2025 reached 340 million yuan, with December last year revenue surpassing $20 million, and an annualized revenue run rate (ARR) of $240 million. CEO Cheng Yixiao stated that KeLing AI’s revenue continues to grow very well month-over-month this year, with January ARR reaching $300 million, and he is very confident of achieving over 100% year-over-year growth this year.

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