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KUAISHOU-W Expects Kling AI to Yield Full-Yr Rev. ~USD140M for 2025
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Jin Bing, CFO of KUAISHOU-W (01024.HK), disclosed at the 3Q25 earnings call that the company, driven by the better-than-expected development of businesses like Kling AI, will continue ramping up AI-related investments in computing power and other aspects, Chinese media reported. Jin expects KUAISHOU-W's overall Capex expenditure for 2025 to reach a mid-to-high double-digit YoY growth compared to last year. Specifically, Kling AI's full-year revenue for 2025 is estimated to hit around USD140 million, higher than the target of USD60 million set at the beginning of the year. AAStocks Financial News |
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