English < Article List - DigitalToday

Search results for Hailuo AI

AI & Enterprise

Chinese AI company MiniMax revenue more than doubles in 2025, net loss quadruples

Chinese AI model developer MiniMax posted 2025 revenue of $79 million in its first earnings release since listing in Hong Kong in January, more than doubling from about $30 million in 2024, driven by products including its Hailuo AI video-generation app. Its net loss widened to $1.87 billion, which the company said was due to a higher value for convertible preferred shares treated as liabilities under accounting rules.

AI & Enterprise

Kuaishou\'s Kling AI video tool tops $20 million in revenue in December alone

China\'s social media company Kuaishou Technology said its AI-based video-generation tool Kling AI generated $20 million in revenue in December alone. The Information reported that annualised revenue climbed to $240 million from about $100 million as of March, describing the pace as uncommon in the industry. After the announcement, Kuaishou shares rose 4.5 percent in Hong Kong. The report compared Kling\'s performance with rival Hailuo AI, operated by MiniMax Group.