2025-03-26 10:43:13.AIbase.16.6k
Kuaishou Announces Financial Report: All-in on Video Large Language Model, Keling AI Achieves Commercial Success
On March 25th, Kuaishou released its full-year 2024 financial results, reporting a year-on-year revenue growth of 11.8% to 126.9 billion yuan, and adjusted net profit reached 17.7 billion yuan, a significant year-on-year increase of 72.5%. A highlight of the report is the rapid commercial progress of Keling AI, its video generation large language model launched in June last year. By February this year, it had accumulated over 100 million yuan in revenue. Keling AI adopts a membership fee model for C-end users and has established API subscription partnerships with thousands of B-end enterprises. Kuaishou CEO Cheng Yixiao revealed in the earnings conference call that Keling AI is already serving...