5 Billion Yuan B+ Round Financing Sets New Record! Yin Qi Joins Step Star as Chairman, Betting on AI + Terminal
Shanghai's large model unicorn, Step Star, has completed a super 5 billion yuan B+ round financing, setting a record for the largest single investment in the large model sector in China over the past year. The funds will be used for R&D of the base model and promotion of the "AI + Terminal" strategy. Yin Qi, founder of Megvii Technology, joined and was appointed chairman, responsible for company strategy development.