01.AI

Kai-Fu Lee, the former head of Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google China and founder of AI startup 01.AI, says the rise of open-source AI models like DeepSeek has exposed an existential risk to OpenAI's business—and he's pivoting his company accordingly. What Happened: On Saturday,...

Amid the U.S. chip sanctions, Chinese artificial intelligence firms, including 01.ai, Alibaba Group Holding Ltd (NYSE:BABA), and ByteDance, are making strides in reducing AI costs. What Happened: Chinese AI companies, including startups like 01.ai and DeepSeek, and giants like...

To bolster China’s artificial intelligence sector, renowned AI pioneer and founder of Beijing-based startup — 01.AI — Kai-Fu Lee is launching the company’s first consumer AI application. What Happened: The new app, named Wanzhi, is designed to enhance productivity for users in the...

Four Chinese artificial intelligence (AI) start-ups have achieved ‘unicorn’ status, with valuations exceeding $1 billion. The companies, namely Zhipu AI, Moonshot AI, MiniMax, and 01.ai, are now set to compete with U.S. giants like Microsoft-backed (NASDAQ:MSFT) OpenAI and Amazon-backed...

In a span of less than eight months, Chinese startup 01.AI has achieved a $1 billion valuation. The artificial intelligence (AI) firm, founded by AI trailblazer Kai-Fu Lee, who headed Google in China, has launched a new open-source AI model that surpasses the performance of industry...