StepFun, a Chinese AI company, is reportedly reorganizing around two strategic lines: foundation models and agent devices. Its phone business is being moved into a separate company, while the original entity continues to operate the model business; the plan has not been officially confirmed.

StepFun is also reportedly building an overseas commercialization team to sell model APIs, initially focusing on voice models. The company plans to take both its models and phones overseas, with the phones serving as a direct channel for the models. [TechNode reporting]