Who is betting on what in AI, and against whom.
Shanghai model lab counted among China's six 'AI tigers'; Step models.
Shanghai Jieyue Xingchen, known as StepFun, is one of the six Chinese startups investors call the AI tigers, alongside Zhipu, Moonshot, MiniMax, Baichuan and 01.AI. Its Step Law paper on hyperparameter scaling is in the camp 1 scaling literature; CEO Daxin Jiang and chief scientist Xiangyu Zhang are on the roster.
No capital figures recorded yet.