VAST has received approximately 5 billion yuan in cumulative financing

On September 5, 2026, multiple media reports covered the financing progress of two companies in the field of artificial intelligence in China. The vertical-domain large-model company VAST completed approximately 5 billion yuan in financing. This round of funds was mainly used to accelerate global business expansion, technological research and development, and the application of its technologies in industries such as healthcare and law. Meanwhile, the domestic robotics company Tiangong Robotics also completed financing worth several hundred million yuan; the exact amount of financing and details about the investors have not been disclosed. These multiple financing events indicate the vitality of Chinese AI companies at the capital level and the acceleration of their internationalization process.