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World Denmark's grand Fourth of July party goes on, with the US conspicuously absentSports Tuchel tells young England fans to stay up for a 1am World Cup date with MexicoBusiness Kuaishou shares slip as Tencent-backed billions pour into its AI video unit KlingScience A puzzling LIGO signal hints at black holes from the dawn of timeBusiness Oil edges up in thin trade before the US holiday as tensions easeSports DR Congo's fans savor a historic World Cup run, 52 years in the makingScience Bumble bees pass a classic animal-intelligence test, surprising scientistsTechnology Australia says AI can't train on creators' work for free, fueling a global fightWorld Denmark's grand Fourth of July party goes on, with the US conspicuously absentSports Tuchel tells young England fans to stay up for a 1am World Cup date with MexicoBusiness Kuaishou shares slip as Tencent-backed billions pour into its AI video unit KlingScience A puzzling LIGO signal hints at black holes from the dawn of timeBusiness Oil edges up in thin trade before the US holiday as tensions easeSports DR Congo's fans savor a historic World Cup run, 52 years in the makingScience Bumble bees pass a classic animal-intelligence test, surprising scientistsTechnology Australia says AI can't train on creators' work for free, fueling a global fight

Topic: tencent

The trading hall of the Hong Kong stock exchange (file photograph)
Business
Friday, 7/3, 04:30 AM

Kuaishou shares slip as Tencent-backed billions pour into its AI video unit Kling

  • Kuaishou, the Chinese short-video company, saw its shares fall even as investors including Tencent, Alibaba and Baidu poured billions into its fast-growing artificial-intelligence video business, Kling.
  • The reaction captures a tension at the heart of the AI boom: a prized asset can attract huge sums and still leave shareholders of the parent uneasy.

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