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Core Viewpoint - Kuaishou's Keling AI is accelerating its development with the launch of the new 2.1 series model, which emphasizes semantic response and motion performance upgrades, while significantly reducing video generation costs [1][2] Group 1: Product Development - Keling AI 2.1 includes two versions: Standard (720p, 1080p, supports image-to-video) and Master (1080p, film-level effects, supports both image-to-video and text-to-video) [1] - The cost to generate a 5-second video has decreased from 100 inspiration points to 20 for 720p and 35 for 1080p, while the Master version remains at 100 inspiration points [1][2] - Keling AI has undergone rapid updates, with over 20 iterations since its 1.0 version release last June, and the user base has grown significantly [5][6] Group 2: Financial Performance - Kuaishou's Q1 2025 report shows a 3.4% decline in profit year-on-year, but adjusted net profit increased by 4.4%, leading to a stock price increase of over 10% in subsequent trading days [2][3] - Keling AI's revenue exceeded 150 million yuan in Q1 2025, indicating a strong commercial progress [4][8] - The average daily active users reached 408 million, with a year-on-year growth of 3.6%, while monthly active users reached 712 million, growing by 2.1% [4] Group 3: Strategic Positioning - Kuaishou has elevated Keling AI to a first-level department, indicating its strategic importance within the company [8] - The company is focusing on AI as a core business area, with plans to expand its international presence and enhance its service offerings [8][10] - Kuaishou's cautious approach to AI investment contrasts with other major players like Tencent and Alibaba, who are making significant financial commitments to AI development [9][10]