Beijing-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)

Bloomberg: Beijing-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 — Vast, 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.