2025-05-28 11:05:20.AIbase.18.4k
Kuaishou CFO: Expected Increase in AI Development Expenditure Will Impact Profit Margins
Kuaishou announced that it will further increase its investment in the artificial intelligence (AI) sector to address concerns about the monetization capability of its latest AI tools. At the earnings conference call on May 27th, Chief Financial Officer Jin Bing stated that as company revenue continues to grow, Kuaishou's overall losses in Ke Ling AI will gradually narrow. Additionally, the amortization of fixed costs such as training and labor will help improve financial conditions. Jin Bing revealed that Kuaishou's AI expenditures are expected to increase year-over-year, mainly aiming to attract and retain top AI talent and enhance capabilities.
