Scan to download
BTC $81,157.92 -0.11%
ETH $2,303.71 -0.42%
BNB $679.23 +2.44%
XRP $1.46 -0.40%
SOL $95.48 -0.94%
TRX $0.3491 +0.26%
DOGE $0.1123 +2.06%
ADA $0.2744 -1.21%
BCH $442.99 -0.57%
LINK $10.47 -0.34%
HYPE $40.36 -1.68%
AAVE $98.59 -1.31%
SUI $1.24 -2.47%
XLM $0.1643 -1.35%
ZEC $579.13 +3.96%
BTC $81,157.92 -0.11%
ETH $2,303.71 -0.42%
BNB $679.23 +2.44%
XRP $1.46 -0.40%
SOL $95.48 -0.94%
TRX $0.3491 +0.26%
DOGE $0.1123 +2.06%
ADA $0.2744 -1.21%
BCH $442.99 -0.57%
LINK $10.47 -0.34%
HYPE $40.36 -1.68%
AAVE $98.59 -1.31%
SUI $1.24 -2.47%
XLM $0.1643 -1.35%
ZEC $579.13 +3.96%

raise

Kuaishou plans to spin off Keling AI and raise $2 billion at a valuation of $20 billion, with Tencent participating in the negotiations

According to an exclusive report by LatePost, Kuaishou plans to spin off its video generation large model business "Keling AI" and initiate a $2 billion financing round with an estimated valuation of about $20 billion. They are currently in talks with investors such as Tencent, and the deal has not yet been completed. Based on the current market value, Keling's valuation is already close to 70% of Kuaishou's overall market value.The report states that Keling's current annual recurring revenue (ARR) has reached $500 million, doubling since before the Spring Festival, significantly exceeding Kuaishou's previous expectations. At the beginning of 2025, Kuaishou set an annual revenue target of $60 million for Keling, but the final annual revenue reached $150 million. In the face of increased competition from giants like ByteDance and Alibaba in the video generation field, Kuaishou has established an independent option pool and special incentive mechanisms for Keling.It is reported that if the future IPO valuation reaches $40 billion, team incentives will be further enhanced. Currently, Keling has become one of the fastest-growing products in the global video generation field. By early 2026, it ranked first in the iOS drawing and design charts in nearly 40 countries and regions, including Brazil, Russia, and Singapore, and became one of the highest-grossing graphic design applications in South Korea and Russia.

Haun Ventures completes $1 billion new fundraise, expanding investment scope to the AI agent field

According to Bloomberg, Haun Ventures, a crypto venture capital firm founded by former a16z partner Katie Haun, has successfully raised approximately $1 billion for a new fund, expanding its investment scope from blockchain infrastructure to the field of AI Agents. This fundraising scale is particularly notable against the backdrop of a general contraction in the crypto VC space.According to SEC disclosure documents obtained by Fortune magazine, by 2025, the management scale of leading firms such as Paradigm, Pantera, and a16z crypto will have shrunk across the board, while Haun Ventures is the only fund to achieve counter-cyclical growth, with its assets under management increasing from the initial $1 billion to $2.5 billion.Katie Haun served as a federal prosecutor for over a decade and created the first cryptocurrency task force for the U.S. government, later becoming the first female partner at a16z. Her unique compliance and policy background allows Haun Ventures to focus more on B2B solutions that are compatible with traditional finance in its investment strategy.The fund has successfully positioned itself in the payments sector, with its lead investments in Bridge and BVNK being acquired, with valuations rising from $200 million and $750 million to over $1.1 billion and $1.8 billion, respectively. The new fund will continue its strategic focus on the intersection of crypto technology and emerging technologies, with AI agents becoming the latest key direction.
app_icon
ChainCatcher Building the Web3 world with innovations.