StepFun Releases Step 5 Preview Open Weights: 600B MoE, 27B Active, 1M Context
StepFun has published open FP8 and BF16 checkpoints for Step 5 Preview, a sparse Mixture-of-Experts model with 600B total parameters, 27B active per token and up to 1M tokens of context, targeting long-horizon agentic work. The release lists data-center-only self-hosting requirements, including 4x B300 or 8x H200 GPUs for the FP8 checkpoint, and an API priced at $1.00 per 1M input tokens and $2.70 per 1M output tokens. StepFun-reported results put it near GLM-5.3 and Kimi K3 on DeepSWE v1.1, whi
Why it matters: It gives developers a concrete new self-hostable open-weight option for agentic and long-context work, with clear hardware requirements, pricing and benchmark caveats.