China's large-scale model unicorn enterprise Step Star recently completed hundreds of millions of dollars in Series B financing with a strong lineup of investors, including Shanghai State-owned Capital Investment Co., Ltd., Tencent Investment, Wuyuan Capital, Qiming Venture Partners, etc. This round of financing will be mainly used to improve the multi-modal and complex reasoning capabilities of Step Star’s self-developed Step series models and expand C-side application scenarios. Stepstar is famous for its technical strength and efficient output. Its Step series models rank at the top of many authoritative lists and are widely used in many popular applications, demonstrating strong market competitiveness.
As one of the "Six Little Tigers" of domestic large-scale models, Step Star is known for its solid technology and efficient output. Its self-developed Step series models cover multiple modalities such as language, image, video, and voice, and rank at the top of many authoritative lists.
For example, in the evaluation of LiveBench and LMSYS Chatbot Arena, its large language model Step-2 and multi-modal model Step-1V both ranked among the top domestic models. Its leading technical capabilities have paved the way for its commercialization. The Step series models have attracted a large number of application developers and are widely used in popular social network applications, such as "Lyrics Changing Machine" and "Stomach Book".
It is reported that CEO Jiang Daxin relied on his background in Microsoft Asia Internet Engineering Research Institute to bring together a group of top AI experts, including Zhu Yibo, former system leader of ByteDance, and ResNet author Zhang Xiangyu. They efficiently promoted the development and training of models. For example, the 100-billion-parameter model Step-1 completed training in just two months and was a first-time success.
In addition, Step Star adopts the strategy of “self-research + ecological cooperation” to promote commercialization. For example, it launched the multi-modal smart assistant "Yuewen" and cooperated with mobile phone manufacturers such as Honor and OPPO to provide large-model technical support for smart terminals. In the financial field, it cooperated with Shanghai Media Industry to launch the vertical large-scale model Finstep and the personal wealth assistant "Little God of Wealth" to accelerate the application in the professional field.
Step Star's successful financing and technical strength demonstrate the booming development of China's large model industry. Its technological breakthroughs in multi-modal and complex reasoning, as well as its active commercialization strategy, give it a favorable position in the fiercely competitive market. status, and future development is worth looking forward to.