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The US legal system is struggling to keep up with AI, grappling with cases where chatbots provided counsel, generated evidence, or helped plan a mass shooting (Evan Ratliff/Bloomberg)

Evan Ratliff / Bloomberg : The US legal system is struggling to keep up with AI, grappling with cases where chatbots provided counsel, ge...

2 July 2026

Kling AI, the Kuaishou AI video generator spin-off, raised $2B at a $15B pre-money valuation and says the round could extend to as much as $3B (Zheping Huang/Bloomberg)

Zheping Huang / Bloomberg:
Kling AI, the Kuaishou AI video generator spin-off, raised $2B at a $15B pre-money valuation and says the round could extend to as much as $3B  —  China's Kling AI has raised an initial $2 billion in venture capital funding as the spinoff from Kuaishou Technology seeks to expand its video AI operations.

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