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StepFun released an open-weight Step 5 Preview Mixture-of-Experts (MoE) model for coding and long-running agent workloads

Open source release Provisional 78% confidence first seen

StepFun launched Step 5 Preview, an open-weight Mixture-of-Experts model aimed at coding, financial research, and long-running agent tasks. The release includes checkpoints available for self-hosting and deployment support (e.g., vLLM, SGLang, Transformers), with reported specs of 600B total parameters, 27B active per token, and up to a 1M-token context. Checkpoints were published on platforms including Hugging Face and ModelScope, including FP8 and BF16 variants.

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