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

(Bloomberg) — The Beijing startup founded by tech pioneer Kai-Fu Lee is introducing its first artificial intelligence (AI) 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 is developing. Similar to Microsoft Corp.’s Office 365 Copilot, it helps users create spreadsheets, documents and slide presentations more quickly — though it is 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.