(Image credit: Photo by Lin Zhijia, TMTPost AGI Editor)

TMTPOST -- Chinese AI unicorn Stepfun has has completed a new round of funding, raising several hundred million dollars. The round attracted a diverse group of investors, including state-owned capital, strategic backers, and financial investors. Core investors include Shanghai State-owned Capital Investment Co. and its affiliated funds, as well as Tencent Investments, 5Y Capital, and Qiming Venture Partners, among others.

This round of financing will be used to continue investing in foundational model research开云kaiyun中国官方网站, enhancing multi-modal and complex reasoning capabilities, and expanding coverage of C