A secretive Chinese AI startup backed by Tencent and valued at $1.42 billion is reportedly preparing to release its first open-weight LLM as early as this month.

Via The Information:

Tsinghua professor Jifeng Dai founded the startup in February. Its approach: take an existing pretrained model, modify its structure, then improve it through midtraining, posttraining and reinforcement learning.

Its first open-weight model could arrive as early as this month.

Super excited for that release.