
Core Insights - The CEO of Leap AI, Jiang Daxin, announced the upcoming release of the full version of the inference model Step R1 and a more advanced Step image editing model within the next two to three months [2] - Leap AI emphasizes the importance of "multi-modal understanding and generation integration" as a key path towards developing a world model and progressing towards Artificial General Intelligence (AGI) [2][3] - Jiang Daxin highlighted that traditional traffic investment logic in AI product growth needs reevaluation, as demonstrated by the performance of DeepSeek and other AI products [2] Company Overview - Leap AI, founded in April 2023, is a leading startup focused on developing general AI models and has released the Step series of foundational models [5] - The company has raised several hundred million dollars in its B-round financing, with key investors including Shanghai State-owned Capital Investment Co., Tencent Investment, and Qiming Venture Partners [5] - Leap AI has launched 22 self-developed foundational models, with over 70% being multi-modal models, establishing itself as a leader in the multi-modal AI space [5] Product Development - The company has made significant advancements in multi-modal models, covering various applications such as image understanding, video generation, and music generation [5][7] - Leap AI has established deep collaborations with industry leaders in automotive, mobile, and IoT sectors, enhancing its product capabilities [7] - Recent product releases include the Step R-mini inference model and open-sourced video models, indicating a commitment to expanding its model capabilities [7] Strategic Focus - Leap AI is concentrating on developing intelligent terminal agents that enhance user experience by understanding environmental contexts [11] - The company believes that the integration of pre-trained foundational models with reinforcement learning can significantly improve reasoning capabilities [12] - Jiang Daxin asserts that achieving AGI requires a multi-modal approach, as human intelligence is diverse and relies on various modalities [8] Competitive Positioning - Leap AI differentiates itself from competitors like OpenAI and Google by focusing on foundational model development and multi-modal capabilities [13] - The company aims to create an ecosystem that integrates models with intelligent agents, bridging cloud and edge computing [13]