# Stepfun

> Markdown twin of https://roboterminal.app/companies/stepfun · https://roboterminal.app/companies/stepfun.md

## On shared sources

- [DeepSeek](https://roboterminal.app/companies/deepseek) (3)
- [Moonshot AI](https://roboterminal.app/companies/moonshot-ai) (3)
- [MiniMax](https://roboterminal.app/companies/minimax) (2)
- [Alibaba](https://roboterminal.app/companies/alibaba) (1)
- [Alibaba Group](https://roboterminal.app/companies/alibaba-group) (1)
- [Anthropic](https://roboterminal.app/companies/anthropic) (1)
- [OpenAI](https://roboterminal.app/companies/openai) (1)
- [Xiaomi](https://roboterminal.app/companies/xiaomi) (1)

## Pulse

- [@stretchcloud on X](https://x.com/stretchcloud/status/2101803590587498924)
  Frontier agentic performance just hit $1 per million. StepFun launched Step 5 Preview today. 600B total parameters, 27B active per token. 1M context. $1 per million input tokens. That is 10 to 20x che…
- [@stretchcloud on X](https://x.com/stretchcloud/status/2098221990461284715)
  The Anthropic threat report published today is the clearest public accounting I've seen of how Chinese AI companies are systematically distilling from US frontier models. The specific Moonshot AI case…
- [@ricci_nov on X](https://x.com/ricci_nov/status/2097701770659328122)
  NSA, FBI and CISA jointly accuse six Chinese AI firms — DeepSeek, Moonshot AI, Alibaba, MiniMax, StepFun, https://t.co/CaUaiwWiiM — of industrial-scale distillation of US frontier models via APIs, clo…

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Source: Roboterminal · https://roboterminal.app/companies/stepfun.md