Universal Music is launching an AI music platform with ElevenLabs11m ago An Anthropic researcher just quit, saying OpenAI and Anthropic are 'gambling with our lives'20m ago AI #185: Preference Cascade45m ago Nintendo's latest sale is 'made possible' by the tariff refunds it's hoarding48m ago Meta Announces Muse AI Agent for Personal Tasks and Organization49m ago Instagram now lets you add tagged photos to your profile grid49m ago Now everyone can put data to work49m ago AI agents are flooding public services with new requests55m ago Apple’s first foldable is the iPhone Duo, and it costs $1,99956m ago Anthropic Is Building a Huge Surveillance System to Spy on Anti-AI Activists and Predict Their Activities1h ago Antioch raises $32m to test robots in simulation before they touch hardware1h ago OpenAI’s Bubeck denies trying to cut Anthropic mathematician from credit1h ago 10 of the scariest AI villains in movie history2h ago Maven Robotics wants to steal your robot deployment deal2h ago

Universal Music is launching an AI music platform with ElevenLabs11m ago An Anthropic researcher just quit, saying OpenAI and Anthropic are 'gambling with our lives'20m ago AI #185: Preference Cascade45m ago Nintendo's latest sale is 'made possible' by the tariff refunds it's hoarding48m ago Meta Announces Muse AI Agent for Personal Tasks and Organization49m ago Instagram now lets you add tagged photos to your profile grid49m ago Now everyone can put data to work49m ago AI agents are flooding public services with new requests55m ago Apple’s first foldable is the iPhone Duo, and it costs $1,99956m ago Anthropic Is Building a Huge Surveillance System to Spy on Anti-AI Activists and Predict Their Activities1h ago Antioch raises $32m to test robots in simulation before they touch hardware1h ago OpenAI’s Bubeck denies trying to cut Anthropic mathematician from credit1h ago 10 of the scariest AI villains in movie history2h ago Maven Robotics wants to steal your robot deployment deal2h ago

Business & Enterprise AI Research3 min reading time

Tencent moves to sell up to $1.6B of its Kuaishou stake

The Next WebPublished Jul 6, 2026

Tencent is selling about 273 million shares of Kuaishou, reducing its stake from 15.68% to 9.37% in a block trade worth up to $1.6 billion. This move follows Tencent's recent investment in Kuaishou's generative AI spinoff, Kling AI, signaling a shift from short-video to AI technologies.

More on this story

Kling AI raises two billion dollars as Kuaishou spins off its fastest-growing business
Jul 2· The Next Web

#kling-ai #kuaishou #short-video #tencent

More in Business & Enterprise

Business & Enterprise7 min read

Apple’s first foldable is the iPhone Duo, and it costs $1,999

Covered by 6 sources21h ago

Business & Enterprise

Mistral Seeks to Grow Enterprise Customer Base Through Cloudera Partnership

Covered by 3 sources5h ago

Business & Enterprise

DOJ Probes Nvidia’s Tie-Up With Groq on Antitrust Concerns

Covered by 2 sources13h ago