01.AI is a pioneering artificial intelligence startup founded by renowned computer scientist and venture capitalist Kai-Fu Lee. The company, based in Beijing, China, aims to develop cutting-edge AI platforms and applications, positioning itself as a leader in the AI 2.0 era. Within a short span of time, 01.AI has garnered significant attention and investment, achieving a valuation of over $1 billion. This rapid ascent reflects the company's ambitious vision to create large language models (LLMs) that can compete with global tech giants like OpenAI and Google. Lee emphasizes the importance of developing homegrown AI technologies to ensure China's competitive edge in the global AI landscape​.

One of the flagship achievements of 01.AI is the release of the Yi-34B model, a large-scale pre-trained language model that has set new benchmarks in the industry. This model not only excels in understanding and processing the Chinese language but also surpasses several leading open-source models in various key metrics. By focusing on enhancing the context window and computational capabilities, 01.AI aims to provide both open-source and proprietary AI solutions tailored for specific industries and applications. The company's strategic approach combines rigorous research, high-quality engineering, and a commitment to open-source principles, aiming to foster innovation and collaboration within the AI community​​.