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Kai-Fu Lee's 01.AI Joins High-Stakes AI Race
01.AI’s reported plan to go public in Hong Kong by 2027 highlights a broader trend among Chinese AI startups. That continues seeking deeper funding pools and global investor visibility
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asiabusinessoutlook.com
Zhipu Reaches $1B ARR as China's AI Market Expands Rapidly
Zhipu reportedly crossed US$1 billion in annual recurring revenue as AI coding tools and enterprise demand fuel growth in China's AI industry.
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Kai-Fu Lee's 01.AI Joins High-Stakes AI Race
01.AI’s reported plan to go public in Hong Kong by 2027 highlights a broader trend among Chinese AI startups. That continues seeking deeper funding pools and global investor…
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thenextweb.com
Kai-Fu Lee stopped building AI models and started selling enterprise data infrastructure. Now 01.ai is heading for a Hong Kong IPO.
Lee conceded the model race after DeepSeek. 01.ai now fine-tunes open-weight models and wraps them in data software for enterprises. Half of its business is outside China.
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Ant International Lands 12B in One of Fintech's Biggest Deals
The latest fundraising round will be primarily used to accelerate Ant International’s expansion into global markets, merchant payments, account management, and enterprise-focused…
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GigaAI IPO to Unlock Valuation in Hong Kong Market
GigaAI’s planned listing in Hong Kong is primarily aimed at unlocking valuation and gaining access to deeper pools of international capital