Stepfun raised hundreds of millions in a Series B funding round to further develop its AI models.

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Stepfun is a Chinese company specializing in the development of AI models. The company has recently gained attention for securing a significant amount of funding to further its endeavors in artificial intelligence. With a focus on innovative technology, Stepfun is poised to enhance its offerings in the competitive AI market. The company aims to leverage this funding to expand its operations and capabilities.