AIsphere (known in Chinese corporate filings as Aishi Technology) is the company that builds and operates PixVerse, one of the most widely used consumer AI video generation platforms globally. Founded in April 2023 by Wang Changhu, a computer-vision veteran who previously served as Visual Technology Director at ByteDance and held senior research roles at Microsoft Research Asia, AIsphere combines deep technical pedigree with a consumer-product focus on making AI video generation fast, accessible, and broadly available.
PixVerse lets users create videos from text prompts and images, and AIsphere has pushed into real-time AI video generation to differentiate in a crowded field that includes both Western players like Runway and Chinese rivals like Kling and Vidu. The platform's accessibility and generous free tier helped it scale dramatically, surpassing 100 million users across 175 countries with more than 16 million monthly active users and over $40 million in annual recurring revenue, making it one of the largest consumer AI video products by reach.
AIsphere closed a $300 million Series C in March 2026 led by CDH Investments, with participation from Ant Group, Alibaba Capital Partners, and international investors including Antler, EnvisionX Capital, iGlobe Partners, Lion X Ventures, UOB Venture Management, and 3W Fund. The round, among the largest AI video financings in Asia, pushed the company to unicorn status above a $1 billion valuation, and followed an earlier $60 million Series B led by Alibaba. The company also opened its first US office in Bellevue, Washington, and a global office in Singapore as part of an international expansion.
AIsphere's strategy contrasts with the pro-and-studio focus of some Western competitors: it targets the mass consumer and creator market with an emphasis on scale, speed, and ease of use. With backing from major strategic investors and a large global user base, AIsphere is positioned as a leading challenger in the global AI video generation race, betting that consumer reach and real-time capability translate into durable advantage.