China

Abu Dhabi's BlueFive co-leads $3B round for China's Kling AI, the largest raise ever for a video model company

The round values Kuaishou's spun-out video-generation unit at $18B ahead of a planned Hong Kong listing, and puts the Abu Dhabi asset manager alongside Tencent, CITIC Securities and CPE as the only Middle East-based name among the co-leads of a record Chinese AI financing.