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VAST completes $50 million Series A funding round to accelerate the development of its world model and UGC interactive content platform.
VAST, a general artificial intelligence company, announced the completion of a $50 million Series A funding round, co-led by Alibaba and Hengxu Capital, with participation from Yuanhe Capital, Baidu Ventures, and others, and existing shareholder Primavera Capital oversubscribing. VAST's Tripo Studio platform has gathered over 6.5 million creators and generated nearly 100 million 3D models. This round of funding will primarily be invested in world model development and the construction of a UGC interactive content platform.