China’s AI sector is witnessing a surge in innovation, with startups like Stepfun, ModelBest, Zhipu, and Infinigence AI making significant strides. Stepfun, founded in April 2023, has released 11 foundational AI models, with its largest, Step-2, boasting over 1 trillion parameters. Its multimodal model, Step-1V, ranks high for visual input understanding, and demand for its API surged over 45-fold in the second half of 2024. ModelBest, established in 2022, focuses on efficiency with its MiniCPM series, which has only 4 billion parameters but matches the performance of GPT-3.5. Zhipu AI, valued at over $2 billion, is developing foundational models and AI products, with its GLM-4-Plus matching GPT-4’s performance. Infinigence AI, with $140 million in funding, tackles AI infrastructure challenges by optimizing heterogeneous computing clusters, claiming a 30% reduction in training time. These startups are carving out niches in China’s AI marathon, showcasing the country’s high ambitions in the field.
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional
Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes.The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
