Chinese AI can benefit from bigger models, more data, says start-up founder
- The founder of Stepfun, which develops foundational models, has set its sights on improving multimodal models as China faces curtailed access to advanced chips

Jiang Daxin, a Microsoft veteran who founded and now runs Stepfun, said at a side event for the World Artificial Intelligence Conference (WAIC) in Shanghai that LLMs will eventually reach hundreds of trillions of parameters.
“The upgrades of OpenAI’s GPT series, which powers ChatGPT, along with the substantial investments in supercomputing centres by tech giants such as Amazon, Microsoft and Meta, all validate the effectiveness of scaling laws,” Jiang said in a talk on Saturday. “Going forward, issues like the availability of data, human resources, and concerns about return on investment may impact the pace of scaling laws.”
Yet few Chinese AI firms have so far been able to match US tech giants in LLM spending, and many have sought to develop client-facing applications that can generate revenue.
