General Atlantic weighs leading Kling AI’s more than $2bn funding round at an $18bn valuation

General Atlantic is in talks to lead the first external fundraising round for Kling AI, the video unit of Chinese tech group Kuaishou, according to Bloomberg. Kling is seeking more than $2bn at a valuation of $18bn ahead of a planned stock market listing, after paring back an earlier $20bn target. The discussions are at an early stage with no assurance a deal will be reached, and both General Atlantic and Kuaishou declined to comment.