XVERSE

About XVERSE

XVERSE, registered as Yuanxiang Weisi Holdings (Shenzhen) Co., Ltd., is a technology firm established in Shenzhen in early 2021 that operates at the intersection of artificial intelligence and 3D content. The company was founded by Yao Xing, a former Vice President at Tencent where he founded and led Tencent AI Lab and Tencent Robotics X Lab. His background includes managing foundational technology platforms and AI research, shaping his vision for XVERSE. He is joined by co-founder Wang Nan, who previously served as the strategy lead for Tencent's technical engineering business group, focusing on AI, robotics, and cloud computing.

The company's core business revolves around a one-stop platform for AI-driven 3D content production and consumption. XVERSE serves a diverse client base across entertainment, marketing, social media, and e-commerce, helping them integrate 3D experiences. Its business model involves providing technology services and solutions to enterprise clients, including prominent names like CCTV, Tencent Music, Adidas, and Postal Savings Bank of China. To fuel its growth, XVERSE has secured significant funding, including a combined $1.2 billion in Series A and A+ rounds in March 2022 from investors such as Tencent, Sequoia China, Hillhouse Investment, and Temasek.

XVERSE's main offering is a platform that combines proprietary "end-cloud collaboration" 3D interactive technology with powerful AI models. This technology enables the creation and delivery of high-quality 3D experiences on various devices, including mobile phones and VR headsets, without requiring users to download separate applications. A key component of its technology stack is its suite of large language models (LLMs). The company has developed and open-sourced several multilingual models, including XVERSE-13B and XVERSE-65B, which are available for free commercial use. These models, trained on vast datasets, support over 40 languages and are designed for applications like text generation, data analysis, and multi-turn dialogue. Additionally, the company has developed a web rendering engine to create high-quality, realistic digital avatars for use in virtual IP creation, customer service, and online broadcasting.