Core Insights - Generative AI is transforming the production process of 3D content from a linear supply model to an exponential supply model, significantly reducing costs and time for asset generation [1] - The industry is experiencing rapid technological advancements, with a shift in demand from gaming and film to various long-tail applications such as 3D printing, e-commerce, digital humans, education, and AR/VR [1] - The future winners in the next 3-5 years will be those who build scalable asset production and standardized pipeline adaptation rather than those focusing solely on flashy demos [1] Company Overview - Meshy is focused on generating 3D models from text or images, achieving significant improvements in geometric structure and detail density, with a resolution increase of approximately 8 times [3][20] - The company has over 5 million users, with monthly site visits between 2.5 to 3 million and an 18-fold revenue increase over the past year [3][26] - Meshy's competitive advantage lies in its early market entry, focused execution, and active user ecosystem, which collectively enhance product acceptance in workflows [3] Product Development - The latest version, Meshy 6, has doubled spatial resolution across three axes, resulting in an overall detail enhancement of about 8 times, while maintaining fast generation times of 20-30 seconds for models and about 1 minute for texturing [20][21] - Despite the advancements, challenges remain in quality, particularly in geometric accuracy, UV/topology quality, and material detail, which require ongoing technical iterations [18][20] Market Positioning - Meshy aims to address market pain points by providing a simple solution to convert text and images into 3D models, drastically reducing the time and cost from two weeks and $1,000 to just two minutes and $1 [18] - The company emphasizes user-centric design, offering intuitive features for both novice and professional users, ensuring accessibility while providing advanced functionalities for experienced creators [23][24] Future Outlook - The company plans to enhance its product offerings by improving quality, optimizing workflows, and increasing controllability, with a focus on generating interactive 3D content as a future trend [34] - Meshy is also pursuing international expansion, particularly in mature markets with strong payment willingness, while maintaining a user-friendly interface adaptable to different languages [35]