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)

<a href="https://www.bloomberg.com/news/articles/2026-06-01/gen-z-gamer-s-3d-model-startup-becomes-china-s-latest-ai-unicorn"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260531/i17.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260531/p17#a260531p17" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> <a href="https://www.bloomberg.com/">Bloomberg</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://www.bloomberg.com/news/articles/2026-06-01/gen-z-gamer-s-3d-model-startup-becomes-china-s-latest-ai-unicorn">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</a></b></span>&nbsp; &mdash;&nbsp; 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.</p>