HONG KONG, April 13 (Reuters) - Chinese AI agent StepFun is unwinding its offshore incorporation structure to pave the way for a planned Hong Kong initial public offering, three sources said, as ...

Fortera Capital, a private-equity firm under the Shanghai State-owned Capital Investment Co (SSCIC), led Stepfun’s recent series B financing, according to Fortera’s WeChat post on Monday.

Chinese generative artificial intelligence model maker Stepfun has reportedly closed on a bumper funding round worth “several hundred million dollars” from a host of investors including state-owned ...

Chinese AI startup StepFun is dismantling its Cayman Islands-based offshore corporate structure to comply with Beijing's regulatory push against the 'red-chip' model, paving the way for a Hong Kong ...

Chinese artificial intelligence start-up StepFun has unveiled a lightweight AI model that it says punches above its weight, rivalling larger systems from domestic competitors including DeepSeek and ...

Chinese AI agent StepFun is unwinding its offshore incorporation structure to pave the way for a planned Hong Kong initial public offering, three sources said, as Beijing tightens scrutiny of a system ...