该企业由前微软全球副总裁姜大昕于2023年创办，主打基础大模型研发及"AI+终端"战略，此前已获得 腾讯等企业投资，并于今年1月完成超50亿元的B+轮融资。 来源：观点地产网 观点网讯：2月26日，市场消息显示，被称为"AI六小龙"之一的AI初创企业阶跃星辰（StepFun）传出考 虑赴港进行首次公开募股的消息，拟集资规模约5亿美元，即约39亿港元，最快于今年完成上市。 根据公开资料整理，阶跃星辰已与潜在顾问就上市事宜展开磋商，不过上市时间及集资规模等细节仍存 在变动可能。 免责声明：本文内容与数据由观点根据公开信息整理，不构成投资建议，使用前请核实。 ...

"人工智能带来的价值不是简单的效率提升和生活便利，而是涉及行业底层逻辑、服务模式、价值链的 深层变化，需要构建开放合作和持续发展的生态体系，从而有效应对挑战，并真正释放人工智能的价 值。"梁华表示，未来应打造开放、开源的AI生态，加速释放人工智能的产业价值。 2026年2月24日（农历正月初八），广东高质量发展大会在广州召开，主题聚焦"制造业与服务业协同发 展"。这是广东连续第四年开启"新春第一会"，释放两业融合强信号。 "当前，我们正处在一个技术深刻变化的时代，人工智能的飞速发展，将加速实现数字世界与物理世界 的深度融合，重塑现有的开发范式、生产方式和服务模式，改变人机交互方式，并催生更多新应 用。"会上，华为公司董事长梁华指出，2025年，华为整体经营稳健，全年销售收入超过8800亿元人民 币。 在制造业与服务业协同创新上，梁华阐述了他的三点看法。 "与前几次工业革命'单点技术突破'不同，AI技术、基础设施与应用场景三要素相互赋能、协同演进是 第四次工业革命的重要特征。对于人工智能产业的持续健康有效发展，既要看到技术创新带来的先发优 势，更要重视坚实数智基础设施所支撑的持久发展能力。"梁华认为，未来应持续 ...

Group 1: Financing Trends - The technology and manufacturing sectors have seen significant financing activity, particularly in artificial intelligence, quantum computing, cybersecurity, and biomedicine [1] - A total of 24 financing events occurred in the domestic primary market from January 26 to February 1, with a total scale of approximately 77.56 billion RMB [2] - The majority of financing cases were concentrated in Shanghai, Beijing, and Guangdong, with 9, 4, and 4 cases respectively [6] Group 2: Sector-Specific Financing - The biomedicine sector completed 4 financing rounds totaling approximately 5.05 billion RMB, while the artificial intelligence sector completed 3 rounds totaling about 3.05 billion RMB [4] - Shanghai Jiyue Star Intelligent Technology Co., Ltd. completed over 5 billion RMB in B+ round financing, setting a record for single financing in the large model sector [14] - Turing Quantum completed several hundred million RMB in B round financing to accelerate its photonic chip and quantum computing industrialization [19] Group 3: Notable Companies and Investments - New Scene Zhiyuan Biotechnology completed over 2 billion RMB in B round financing, focusing on TCR-T cell therapy for solid tumors [10] - Shandong Aikeda Biotechnology completed several million RMB in B round financing, with funds aimed at core technology development and market expansion [11] - Beijing Changting Technology secured 5 billion RMB in a new round of financing from national AI funds, focusing on AI-enabled security [21]

Core Viewpoint - The appointment of Yin Qi as the chairman of Jiyue Xingchen marks a significant strategic move in the AI industry, aiming to enhance the company's competitive edge and commercial viability in the rapidly evolving large model sector [1][2][8]. Group 1: Leadership Changes - Yin Qi has been appointed as the chairman of Jiyue Xingchen, responsible for overall strategic direction and technology [1]. - Yin Qi is also the chairman of Qianli Technology, bringing extensive experience in AI and automotive integration [1][3]. - The new management team includes CEO Jiang Daxin, Chief Scientist Zhang Xiangyu, and CTO Zhu Yibo, indicating a strong leadership structure [1]. Group 2: Financing and Market Position - Jiyue Xingchen completed over 5 billion RMB in B+ round financing, setting a record for single financing in China's large model sector in the past 12 months [1][2]. - The company is transitioning from a financing race to a phase of value realization, with increasing market attention on the "AI Six Little Tigers" [1][8]. Group 3: Strategic Focus - The company aims to become one of the best in the foundational model field in China, focusing on the integration of AI and terminal applications [5][6]. - Jiyue Xingchen has developed three generations of foundational models and has partnered with major smartphone brands and automotive companies to implement AI functionalities [6][7]. Group 4: Commercialization Efforts - Yin Qi's dual role is expected to enhance the commercialization of AI technologies, with a focus on strategic direction and specific projects [7]. - The company is working on a complete chain from foundational models to productization and market implementation, particularly in automotive and mobile sectors [7][8]. Group 5: Future Outlook - Jiyue Xingchen's revenue is projected to reach 1 billion RMB in 2025, indicating strong growth potential [8]. - The company remains optimistic about future financing opportunities but has not disclosed specific IPO plans [9][10].

Core Viewpoint - The appointment of Yin Qi as chairman of Jumpspace marks a significant strategic shift for the company, aiming to become a leading player in China's foundational model sector while achieving a solid commercial path [2][3]. Group 1: Leadership and Strategic Direction - Yin Qi has been appointed as chairman of Jumpspace, responsible for overall strategic rhythm and technical direction, collaborating with key management members [3]. - Jumpspace was established in April 2023, and Yin Qi has been deeply involved since its inception, emphasizing the importance of foundational models in AI [3][4]. - Yin Qi's previous experience includes co-founding Megvii Technology, a prominent player in the AI 1.0 era, and transitioning to focus on AI 2.0 developments [3][5]. Group 2: Recent Developments and Financing - On January 26, Jumpspace announced a B+ round financing exceeding 5 billion yuan, setting a record for single financing in China's large model sector over the past year [2][7]. - The financing will be utilized for foundational model research and to accelerate the implementation of the AI + terminal strategy [7]. - Jumpspace has previously indicated participation from state-owned capital investment in its financing rounds, highlighting strong institutional support [7]. Group 3: Business Model and Market Strategy - Jumpspace is focusing on an "AI + terminal" strategy, targeting core consumer scenarios such as automotive and mobile devices to establish a commercial closed loop [8][9]. - The company has reported a nearly 170% increase in API call volume for its terminal agents over three consecutive quarters, indicating strong market traction [8]. - Collaborations with major smartphone brands and automotive companies have led to significant model deployment, with over 42 million devices equipped with Jumpspace's models [8][9]. Group 4: Competitive Landscape and Differentiation - Jumpspace's business model, which charges manufacturers for empowering hardware terminals, positions it uniquely in the market, potentially leading to substantial revenue growth [9][10]. - The integration of AI with physical spaces is seen as a necessary path toward achieving AGI, with Jumpspace leveraging its soft and hardware resources for competitive advantage [10].

Core Insights - The "Hundred Model War" is reaching a critical point, with limited opportunities remaining for differentiation among foundational model companies. Shanghai-based unicorn Jieyue Xingchen has announced its strategy to stand out in this competitive landscape [3][11] - Jieyue Xingchen has appointed Yin Qi as the new chairman, who will oversee the company's strategic direction and technological focus. Yin Qi is also the chairman of publicly listed Qianli Technology, indicating a strategic partnership aimed at accelerating the "AI + Vehicle" strategy [3][11] Financing and Investment - Jieyue Xingchen has successfully completed a B+ round financing exceeding 5 billion RMB, setting a record for the largest single financing in China's foundational model sector in the past 12 months. This funding will be used for foundational model research and to accelerate the AI + terminal strategy [5][14] - Notable investors in this round include Shanggong Investment, China Life Equity, and Tencent, among others, indicating strong industry support for Jieyue Xingchen's initiatives [5][14] Strategic Focus and Development - The company is committed to a long-term strategy centered around foundational large models and AI + terminal integration. It has developed a core matrix of 1+2, focusing on language foundational models and multimodal capabilities [6][15] - Jieyue Xingchen has released three generations of foundational models and plans to launch the first deployable GUI open-source model by December 2025, supporting multi-device deployment [6][15] Market Applications and Collaborations - In the mobile sector, Jieyue Xingchen has established deep partnerships with 60% of leading domestic smartphone brands, achieving over 42 million installations and serving nearly 20 million users daily [7][16] - In the automotive sector, the company has collaborated with Qianli Technology and Geely to launch the first end-to-end voice model in an intelligent cockpit, with the Geely Galaxy M9 model selling nearly 40,000 units within three months of its launch [7][16] Leadership and Future Direction - Yin Qi's leadership is expected to provide stronger traction and certainty for Jieyue Xingchen's next phase of development. His background as a co-founder of AI company Megvii and his role at Qianli Technology position him as a key figure in the AI and automotive sectors [8][17] - Qianli Technology is transitioning from traditional manufacturing to smart driving technology, with significant growth in automotive sales and revenue, indicating a strategic shift towards AI integration in vehicles [9][18]

Core Viewpoint - The article discusses the competitive landscape of the AI model industry, highlighting the strategic moves of Jieyue Xingchen and its collaboration with Qianli Technology to accelerate the "AI + vehicle" strategy [2][4]. Group 1: Company Developments - Jieyue Xingchen announced the appointment of Yin Qi as chairman, who will oversee strategic direction and technology development [2]. - The company completed a B+ round financing of over 5 billion RMB, setting a record for the largest single financing in China's large model sector in the past 12 months [4]. - The financing will support foundational model research and the development of a top-tier base model, furthering the AI + terminal strategy [4]. Group 2: Strategic Partnerships - Jieyue Xingchen has formed deep collaborations with 60% of leading domestic smartphone brands, including OPPO and Honor, achieving a model installation volume of over 42 million units [5]. - In the automotive sector, Jieyue Xingchen partnered with Qianli Technology and Geely to launch the first end-to-end voice model in the AgentOS smart cockpit, with the Geely Galaxy M9 selling nearly 40,000 units within three months [5]. Group 3: Future Outlook - The company aims to deploy its large model in over one million vehicles this year [5]. - The core management team, including Yin Qi, CEO Jiang Daxin, and Chief Scientist Zhang Xiangyu, is expected to provide stronger leadership and direction for Jieyue Xingchen's next phase of growth [7]. - Qianli Technology is transitioning its core business towards smart technology, with a focus on AI integration in vehicles, which is seen as a significant growth area [8].

当前大模型竞争已从"百模大战"进入头部对决阶段，本轮融资及管理团队升级，将为阶跃星辰在技术研 发与市场拓展中提供关键加速度。 据了解，阶跃星辰本轮融资参与方包括上国投先导基金、国寿股权、浦东创投、徐汇资本、无锡梁溪基 金、厦门国贸、华勤技术等产业投资人，腾讯、启明、五源等老股东持续跟投。本轮融资资金将主要用 于基础大模型研发，打造全球顶尖基座模型，并加速"AI+终端"战略的商业化落地。 （编辑：张靖超 审核：李正豪 校对：颜京宁） 中经记者 李静 北京报道 值得关注的是，阶跃星辰同日正式任命印奇为公司董事长，负责战略节奏与技术方向制定。公司核心战 略聚焦"基础大模型"与"AI+终端"，已在语言模型、多模态模型及端云协同领域达到世界领先水平。 1月25日，上海大模型创业公司阶跃星辰阶跃星辰（StepFun）宣布完成超50亿元人民币B+轮融资，刷 新过去12个月中国大模型赛道单笔最高融资纪录。 在业务层面，阶跃星辰已经与OPPO、荣耀、中兴等手机品牌深度合作，模型装机量超4200万台；在汽 车领域，与千里科技、吉利合作推出智能座舱方案，量产车型吉利银河M9上市3个月销量近4万辆。 ...

Core Viewpoint - Jumpshare Star has completed a significant financing round of over 5 billion RMB, marking the highest single financing amount in China's large model sector in the past 12 months, amidst a tightening investment environment [2][5] Financing Details - The financing will be directed towards the development of leading foundational models and exploring new forms of AI and hardware integration through terminal agents [2] - The investment round was led by the State Investment Fund, with participation from various state-owned and industrial capital entities, as well as existing investors like Tencent and Qiming Venture Partners [5][6] - In 2025, only three companies in the large model sector completed financing rounds exceeding 1 billion RMB, highlighting the cautious investment climate [5] Leadership Changes - Yin Qi, a prominent figure in China's AI industry, has been appointed as the chairman of Jumpshare Star, indicating a strategic alignment between Jumpshare Star and Qianli Technology [2][4] - Yin Qi's experience in both foundational models and hardware makes him a unique leader capable of bridging algorithmic depth and manufacturing breadth [4] Strategic Focus - Jumpshare Star's long-term strategy emphasizes foundational large models and AI+ terminal integration, with a core matrix of 1+2 focusing on language foundational models and multimodal capabilities [3] - The company has released over 30 large model products in just over two years, positioning itself as a leader in multimodal AI [8] Commercialization Efforts - The company is actively pursuing commercialization through various avenues, including smart terminals and enterprise-level applications, as it recognizes that technological imagination alone is insufficient for long-term valuation [12][13] - The current shareholder structure indicates a strong financial backing, with many investors capable of further funding, which is crucial for future growth [13]

本文字数：943，阅读时长大约1.5分钟 作者 | 第一财经 吕倩 印奇在AI大模型创业公司阶跃星辰的身份终于得以亮明。1月26日，阶跃星辰官方宣布，经董事会批 准，印奇出任董事长职务。 2026.01. 26 同时，阶跃星辰宣布完成约50亿元人民币B+轮融资，本轮融资将投入基础大模型研发，加速探索 AI+终端创新产品形态，推进终端Agent 应用落地。 印奇是AI1.0时代"四小龙"的代表人物。2011 年，他创立旷视科技，多次上市受阻后，2024年11月 14日，中国证监会决定终止旷视科技公开发行股票并在科创板上市注册程序。印奇也正式投身到2.0 时代的AI创业。 从技术脉络上来看，印奇持续看好AI与硬件的连接。他认为，当前的智能终端本质是"APP容器"，用 户需要在不同APP间手动切换、传递信息，才能完成一个复杂目标。而下一代终端将进化为"主动智 能体"，能持续学习用户习惯与偏好，理解上下文与潜在意图，主动整合信息与服务。 表现在载体上，智能汽车、手机，乃至尚未被定义的硬件，都可能成为具有认知与执行能力的智能伙 伴。印奇认为，这正是英伟达如此强调"物理AI"重要性的深意——AI必须理解并作用于物理世界， ...