It is reported that Zero One Thing, an AI company founded by Kai-Fu Lee, has completed hundreds of millions of dollars in financing

According to news from this website on August 7, 36 Krypton Intelligence emerged that the AI ​​large model unicorn company Zero One Wanwu founded by Kai-fu Lee has completed a new round of financing, amounting to hundreds of millions of dollars. People familiar with the matter said that participants in this round of financing include an international strategic investment company, a Southeast Asian consortium and many other institutions. It is reported that many high-level AI talents responsible for technology and product pipelines from Google, Microsoft, etc. have recently joined Zero One Wish. According to previous reports on this site, Zero One Thousand Things was founded in May 2023. Ma Jie, the former head of Baidu Yuanverse, serves as vice president. The core team members come from Google, Microsoft, IBM, Baidu and other companies. Lingyiwu launched the AI ​​office tool PopAi overseas last year. According to official data, in the nine months since PopAi was launched, the product's ROI (investment-output ratio) has been close to 1, with nearly 10 million users. In 2024, Zero One Wish launched its first closed-source model, Yi-Large. In May of this year, Zero One Wish launched the productivity tool “Wanzhi” in China.

Faced with the continuous price cuts of large domestic models, Kai-fu Lee has previously said that technology is the most important. If technology is not good, it will not work to do business purely by giving discounts and losing money. Zero One Wanwan will not benchmark such (market) pricing.

"If the Chinese market is so complicated and everyone would rather lose everything than let you win, then we will go to foreign markets."

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