
The founder of Stepfun, which develops foundational models, has set its sights on improving multimodal models as China faces curtailed access to advanced chips. — SCMP
The founder of a Shanghai-based artificial intelligence (AI) startup is putting his faith in the “scaling laws” of large language model (LLM) development, despite China’s disadvantages in investment and advanced chips.
Jiang Daxin, a Microsoft veteran who founded and now runs Stepfun, said at a side event for the World Artificial Intelligence Conference (WAIC) in Shanghai that LLMs will eventually reach hundreds of trillions of parameters.