AI Pioneer Kai-Fu Lee Aims to Bring China Its ChatGPT Moment

  • His startup 01.AI is introducing its first consumer AI app
  • China needs a catalyst in the same way ChatGPT fueled the US
WATCH: IN. Capital Founding Partner Jen Zhu Scott and Sinovation Ventures Chairman & CEO Kai-fu Lee discuss China’s AI industry.Source: Bloomberg
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The Beijing startup founded by technology pioneer Kai-Fu Lee is introducing its first artificial-intelligence application for consumers, a step aimed at helping China capitalize on the promising technology.

Lee’s firm, 01.AI, is launching a free productivity assistant called Wanzhi, the latest in a series of AI products it’s developing. Similar to Microsoft Corp.’s Office 365 Copilot, it helps users create spreadsheets, documents and slide presentations more quickly — though it’s mainly tailored for the Chinese market. It can interpret financial reports, take minutes for meetings and speed-read books as long as Elon Musk’s 600,000-word biography to give a quick synopsis. The app works in Chinese and English.