四大“上海英伟达”CEO罕见聚首，阶跃星辰获融资且年营收目标10亿

Core Insights - The 2025 World Artificial Intelligence Conference (WAIC) has commenced in Shanghai, focusing on the theme "Intelligent Era, Shared Future," with over 1,200 attendees from more than 30 countries, including notable award winners and representatives from top international laboratories [2] - The conference features an exhibition area exceeding 70,000 square meters, showcasing over 3,000 cutting-edge products, including more than 40 large models and 50 AI terminal products [2] - Step 3, a new generation foundational large model by the company Jiyue Xingchen, was released, featuring a total parameter count of 321 billion and an activation parameter count of 38 billion, designed for multi-modal reasoning [3] Company Developments - Jiyue Xingchen aims to achieve a revenue target of 1 billion RMB for the year, with a financing round expected to exceed 500 million USD (approximately 3.577 billion RMB) [3][5] - The company has established a "1+N" model matrix, with Step 3 as the foundational model and over 20 self-developed models covering various modalities [6] - The company is collaborating with nearly 10 chip and infrastructure manufacturers to form the "MoXin Ecological Innovation Alliance," aiming to integrate chip, model, and platform technologies [6] Technological Advancements - Step 3 is optimized for both model performance and inference cost, achieving a 300% efficiency increase on domestic chips compared to DeepSeek-R1 [3] - The model has demonstrated superior throughput, exceeding a 70% increase over DeepSeek-R1 when deployed on NVIDIA Hopper architecture chips [3] - The architecture of Step 3 has been designed to align with the computational characteristics of domestic chips, addressing current limitations in the industry [7] Market Positioning - Jiyue Xingchen's commercial strategy focuses on both B2B and B2C markets, with over 50% of leading domestic smartphone brands integrating its multi-modal capabilities [5] - The company emphasizes the interdependent relationship between large model commercialization and AGI technology, asserting that applications drive model development [5] - The current landscape shows a trend of companies falling behind in the large model sector, indicating a competitive environment [4] Industry Context - The conference highlighted the collaboration among domestic AI chip companies, referred to as "Shanghai NVIDIA," emphasizing the importance of synergy between large models and domestic chip development [8][10] - Industry leaders expressed optimism about the future of domestic AI chips and models, noting the need for continuous improvement in cost-effectiveness and performance [11][12] - The development of domestic large models is seen as crucial for advancing domestic chip design, with a focus on meeting the specific needs of large model applications [12]