Kai-Fu Lee’s 01.ai Prepares for Hong Kong IPO, Shifting Focus to Enterprise Data Infrastructure

Kai-Fu Lee, former head of Google China, revealed at the World AI Conference in Shanghai that his company 01.ai is raising funds in a pre-IPO round ahead of a planned Hong Kong stock market debut in 2027. The company is also restructuring its offshore holdings, similar to recent moves by Moonshot, to streamline the IPO process.