China's AI 3D-Modeling Startup Vast Raises Nearly $200 Million at $1 Billion Valuation
Beijing-based Vast, which uses AI models to generate 3D assets from text and image prompts, raised nearly $200 million in funding at a valuation of about $1 billion, becoming the latest Chinese AI startup to achieve that level.
Vast says it has 20 million users globally. The company was founded by a 29-year-old gamer.
From the sources (4 posts)
@businessVast, a 3D-modeling startup founded by a 29-year-old gamer, raised nearly $200 million to become the latest Chinese AI outfit to achieve a valuation of $1 billion
@techmemeBeijing-based Vast, which uses AI models to generate 3D assets from text and image prompts, raised ~$200M at a $1B+ valuation, and says it has 20M global users (Bloomberg) (Visit Techmeme dot com for the link and full context!)
@businessVast, a 3D-modeling startup founded by a 29-year-old gamer, raised nearly $200 million to become the latest Chinese AI outfit to achieve a valuation of $1 billion. 📷️: Vast
@katie_roofRT @business: Vast, a 3D-modeling startup founded by a 29-year-old gamer, raised nearly $200 million to become the latest Chinese AI outfit…