Chinese AI company Kuaishou reports Q4 revenue up 12% YoY to ~$5.7B, meeting est., adjusted net income up 16% YoY, and Kling text-to-video revenue of ~$49M (Rachel Yeo/Bloomberg)
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Rachel Yeo / Bloomberg: Chinese AI company Kuaishou reports Q4 revenue up 12% YoY to ~$5.7B, meeting est., adjusted net income up 16% YoY, and Kling text-to-video revenue of ~$49M - Kuaishou Technology said the rapid scaling up of its generative artificial intelligence tools drove revenue growth.