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01.AI

Founded: 2023HQ: Beijing, China
Visit Websiteopen_in_new
Total Funding$400M
Valuation$1.5B
Headcount100-250
Founded Year2023

Profile Overview

01.AI (零一万物) is a Chinese artificial intelligence company founded in June 2023 by Dr. Kai-Fu Lee (李开复), a legendary figure in the global tech industry who previously founded Sinovation Ventures, served as President of Google China, and held executive roles at Microsoft and Apple. Headquartered in Beijing, 01.AI has rapidly established itself as one of China's leading foundation model developers. The company released the Yi (壹) series of open-source and commercial LLMs, including Yi-34B and Yi-VL vision-language models, which achieved top-tier performance on Hugging Face leaderboards, outranking larger models from Meta and Mistral on multilingual benchmarks at the time of release. 01.AI's models are built on a novel Mixture-of-Experts architecture co-designed with its training infrastructure partner, offering high-cost efficiency and strong bilingual Chinese-English performance. 01.AI targets both the Chinese and global developer market, releasing its base models under open-source licenses while offering premium enterprise APIs for production deployments. The company raised $200 million in seed funding at a valuation exceeding $1 billion, achieving unicorn status before releasing its first product. In a subsequent round, 01.AI secured a valuation of $1.5 billion with investments from Tencent and other major Chinese funds. 01.AI is recognized for its world-class AI research talent, combining Kai-Fu Lee's decades of leadership with a team drawn from Google, Microsoft, and top Chinese AI labs.

Last Financing Round

Round TypeSeries A
Amount Disclosed$200,000,000
Announced DateMarch 1, 2024

Flagship Offerings

Yi-34BYi-LightningYi-API
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Vetted AI Models

No models currently cataloged under 01.AI.