--- title: Kai-Fu Lee stopped building AI models and started... description: Kai-Fu Lee's 01.ai is targeting a 2027 Hong Kong IPO after pivoting away from building frontier AI models. Following DeepSeek's disruption of model training... canonical: https://daily.dev/posts/kai-fu-lee-stopped-building-ai-models-and-started-selling-enterprise-data-infrastructure-now-01-ai--fihp7hqhf twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: Kai-Fu Lee stopped building AI models and started selling enterprise data infrastructure. Now 01.ai is heading for a Hong Kong IPO. | daily.dev og:description: Kai-Fu Lee's 01.ai is targeting a 2027 Hong Kong IPO after pivoting away from building frontier AI models. Following DeepSeek's disruption of model training... og:url: https://daily.dev/posts/kai-fu-lee-stopped-building-ai-models-and-started-selling-enterprise-data-infrastructure-now-01-ai--fihp7hqhf og:image: https://api.daily.dev/og/posts/fihp7hQhF.png og:image:alt: Kai-Fu Lee stopped building AI models and started selling enterprise data infrastructure. Now 01.ai is heading for a Hong Kong IPO. og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # Kai-Fu Lee stopped building AI models and started selling enterprise data infrastructure. Now 01.ai is heading for a Hong Kong IPO. **[The Next Web](https://daily.dev/sources/tnw)** · 3 min read · 0 upvotes · 0 comments ## Summary Kai-Fu Lee's 01.ai is targeting a 2027 Hong Kong IPO after pivoting away from building frontier AI models. Following DeepSeek's disruption of model training economics, the company now fine-tunes open-weight models (DeepSeek, Qwen, GLM) and wraps them in enterprise data infrastructure software called 'Boss AI' — positioning itself as 'the Palantir of China.' The on-premises software helps executives query and visualize scattered enterprise data. About half of 01.ai's revenue now comes from outside China. The company is raising a pre-IPO round and unwinding its offshore holding structure, following a path similar to Moonshot AI. With only 240 employees, 01.ai will pitch investors as an enterprise software company rather than a model builder. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Similar posts on daily.dev - [Here comes the next wave of Chinese AI models](https://daily.dev/posts/here-comes-the-next-wave-of-chinese-ai-models-cqhirkfdq) · TechCentral · 1 upvotes · 0 comments - [What’s next for Chinese open-source AI](https://daily.dev/posts/what-s-next-for-chinese-open-source-ai-qxynqisyo) · MIT Technology Review · 29 upvotes · 0 comments --- Tags: [#ai](https://daily.dev/tags/ai), [#deepseek](https://daily.dev/tags/deepseek) [View this post on daily.dev](https://daily.dev/posts/kai-fu-lee-stopped-building-ai-models-and-started-selling-enterprise-data-infrastructure-now-01-ai--fihp7hqhf) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"Kai-Fu Lee stopped building AI models and started selling enterprise data infrastructure. 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