XVERSE

XVERSE (元象科技) is a Shenzhen-based AI and 3D technology company founded in 2021 by former Tencent vice president Yao Xing, who previously led Tencent AI Lab and Robotics X Lab . The company has evolved from its original positioning as a "next-generation 3D content production and consumption platform" toward a stronger emphasis on AI-driven 3D and large language models . In March 2022, it raised $120 million across its Series A and A+ rounds, led by Sequoia China and Hillhouse Venture Capital respectively, with participation from Temasek, CPE, and continued backing from Gaorong Ventures and 5Y Capital since its angel round . By late 2023, XVERSE had open-sourced a 65-billion-parameter general-purpose LLM and released XVERSE-13B, which it claimed outperformed comparable models like Llama-2-13B on Chinese and English benchmarks . The company's trajectory reflects a shift from metaverse infrastructure toward foundational AI models that also serve its 3D applications .