large models

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Shanghai
2026-08-24 10:17:10

Shanghai’s 15th Five-Year industrial plan includes blockchain, AI computing, and large-model development

Shanghai has issued its 15th Five-Year plan for accelerating new industrialization and building a modern industrial system, laying out a broad technology agenda centered on computing infrastructure, AI models, and selected strategic sectors. The document calls for a full upgrade of intelligent computing capacity, including work on high-performance, low-power, and high-efficiency computing chips, stronger cluster networking and cloud service capabilities, and exploration of new architectures such as heterogeneous computing, optical computing, and quantum artificial intelligence. It also calls for optimizing intelligent computing infrastructure and building a city-level computing power network. The plan says Shanghai will continue to invest in large models, with a focus on next-generation model research and development and key technologies including architecture design and training optimization. It also aims to promote coordinated development across chips, large models, and intelligent computing cloud services while building an independent ecosystem. In parallel, the city will push forward the “Moli Jushen” initiative, accelerate embodied intelligence technology maturation, and strengthen the independent full-industry-chain layout for intelligent robots. The document also names real-world deployment areas including industrial manufacturing, logistics assembly, commercial retail, healthcare and eldercare, and household services. In Jing’an District, blockchain is listed under the district’s featured industrial tracks within data intelligence.

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Shanghai’s 15th Five-Year industrial plan includes blockchain, AI computing, and large-model development
Jiaxing’s city-investment group starts selling tokens, raising questions over margins
StepFun
2026-08-04 08:52:16

StepFun splits smartphone unit into standalone company as it pushes model and agent-device strategy

StepFun is pursuing two strategic tracks internally, according to a Huxiu Tech report cited by ChainCatcher: one centered on large language models and another focused on agent-driven devices. Its smartphone business has been moved into a standalone company called Zhiyue Xingchen, with a team that has Huawei and Honor backgrounds taking the lead. Ni Jiayue, the company’s terminal president, is overseeing the effort. The report said StepFun’s first agent smartphone, STEPX Neo, was shown during WAIC, though the company did not disclose pricing or a mass-production timeline. Huxiu also reported that StepFun is assembling an overseas commercialization team and plans to sell large-model APIs abroad, mainly voice models. The smartphone line is also part of that overseas sales plan. Chairman Yin Qi had previously explored an “AI + car” route at Qianli Technology, formerly Lifan Technology. This time, the company is treating smartphones as the first piece of its terminal strategy, aiming to build a closed loop spanning models, operating systems, and devices. The phone runs the Step AOS agent operating system, and the report said the business model ultimately returns to Token consumption. StepFun also continues model partnerships with 60% of China’s leading smartphone brands, covering an installed base of more than 42 million devices. As of publication, the company had not commented.

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StepFun splits smartphone unit into standalone company as it pushes model and agent-device strategy
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