AI Video Startup “Aishi Technology” Secures Nearly 300 Million Yuan in Series A+ Financing, with Over 12 Million Users Worldwide

AI video startup “Aishi Technology” has received nearly 300 million yuan in Series A+ financing. The investors include Ant Group, Beijing Artificial Intelligence Industry Investment Fund, Guoke Investment, and Lighthouse Capital. The core product of Aishi Technology, PixVerse, was launched in January 2024. In its first month, the number of visits exceeded 1.2 million. Now, it has more than 12 million global users and nearly 6 million monthly active users. It has achieved large-scale revenue. In 2024, Aishi Technology underwent three major iterations. Its “Venom” special effect became extremely popular on social media. In the industry, people’s perception of AI videos has become more rational, shifting from competing on video length to focusing on dimensions such as content consistency. PixVerse supports the generation of high-quality videos within 10 seconds. The highest definition is 4K, and it has reached a commercial level. Aishi Technology mainly targets the consumer market. It has dozens of special effect templates built in to lower the creative threshold for users. In the face of competition from giants, Wang Changhu, the founder of Aishi Technology, is optimistic. He believes that the current video generation track is still in the stage from GPT-2 to GPT-3. Startup companies have opportunities. Moreover, the technological evolution of video models is more gradual, which helps obtain market feedback and establish a business closed loop. Currently, Aishi Technology has low training costs, and the costs will drop even faster in the next year. Next year, it will accelerate on the commercialization front.