Kai-Fu Lee stopped building AI models and started selling enterprise data infrastructure. Now 01.ai is heading for a Hong Kong IPO.

Kai-Fu Lee’s 01.ai is raising a pre-IPO round ahead of a planned Hong Kong listing in 2027, the former Google China chief told Bloomberg at the World AI Conference in Shanghai. The company is unwinding its offshore holding structure, the same prerequisite that Moonshot dismantled in May to clear its own path to a Hong […] This story continues at The Next Web