KUAISHOU(HK:01024) Sou Hu Cai Jing·2026-01-15 00:57Core Insights - Kuaishou's AI product, Keling AI, has rapidly increased its monthly revenue from 150 million yuan to 140 million yuan in less than a year, with an annual recurring revenue (ARR) projected to reach 240 million USD (approximately 1.68 billion yuan) by December 2025 [1][4] - The launch of the "Motion Control" feature during the New Year holiday significantly boosted Keling AI's downloads, leading to a 28.15% increase in Kuaishou's stock price by January 14 [1][4] Revenue Growth - Keling AI's revenue surpassed 140 million yuan in December 2025, showing a noticeable acceleration in commercialization compared to 150 million yuan in Q1 2025 [4] - The growth in revenue is attributed to increased demand for video generation models and Kuaishou's ongoing investment in computational power [4][5] Competitive Landscape - The competition in the domestic video generation sector is intensifying, with Alibaba Cloud's Wanxiang 2.6 and Volcano Engine's Seedance 1.5 Pro targeting the same market as Keling AI [3][6] - Keling AI's revenue structure indicates that nearly 70% comes from paid subscriptions by professional users, such as content creators and marketers [6] Future Directions - Kuaishou plans to focus its capital expenditures on computational upgrades and technological advancements over the next 1-2 years [5] - To expand its user base, Keling AI aims to enhance its product offerings for ordinary users and integrate social interaction features [9][10] Product Innovation - Keling AI has launched several innovative models, including the "Keling O1" and "Keling 2.6," which support advanced features like audio-visual synchronization and multi-angle generation [6][7] - The recent success of the "Motion Control" feature, which allows users to create dynamic videos from static images, exemplifies Keling AI's strategy to simplify user experience and broaden its appeal [10]