Valued at $1B, Kai-Fu Lee’s LLM startup unveils open source model

Kai-Fu Lee, the computer scientist known in the West for his bestseller AI Superpowers and in China for his bets on artificial intelligence unicorns, has a new venture — and a great ambition. In late March, Lee launched a company called 01.AI with the vision to develop a homegrown large language model for the Chinese market. […]

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