01.AI

Apps & Agents

Series A Round—2024

Raised several hundred million USD in a Series A in 2024 at a reported USD 1.2B post-money valuation (media reporting).

Valuation: USD 1B
Total funding: USD 1B
Data cutoff: 2025-07-01

Company Profile

Founded by Kai-Fu Lee, 01.AI focuses on global AI development through its open-source Yi series large language models. The company emphasizes accessible model deployment and international expansion within the competitive generative AI landscape for enterprise and developer applications.

Founded: 2023
Headquarters: Beijing, China
Website: 01.ai