01.AI, founded by tech luminary Kai-Fu Lee, unveils its inaugural consumer AI application, Wanzhi, aiming to bolster China’s AI advancement. The free productivity assistant, akin to Microsoft’s Copilot, is tailored for the Chinese market, aiding users in document creation and task management. Lee emphasizes the need for Chinese AI innovations, highlighting the absence of a “ChatGPT moment” akin to the West. Despite regulatory barriers favoring domestic players, 01.AI surges ahead with a proprietary large language model, Yi-Large, offering competitive pricing.