Chinese VC Investor Launches AI Startup in ChatGPT Rush – Caixin Global
Computer-scientist-turned venture capitalist Kai-Fu Lee unveiled a new generative artificial intelligence (AI) company called 01.AI on Monday, the latest entrant in a race to develop large language models that can power products equivalent to OpenAI’s ChatGPT in China.
The new company was officially launched after three months of incubation by the AI pioneer’s Sinovation Ventures, according to a statement posted on the VC firm’s WeChat account Monday. The new website for the company has come online, according to the statement.
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