The valuation is mentioned this TechCrunch article as well: https://techcrunch.com/2023/11/05/valued-at-1b-kai-fu-lees-llm-startup-unveils-open-source-model/ h

The valuation is mentioned this TechCrunch article as well: https://techcrunch.com/2023/11/05/valued-at-1b-kai-fu-lees-llm-startup-unveils-open-source-model/ https://techcrunch.com/2023/11/05/valued-at-1b-kai-fu-lees-l... Valued at $1B, Kai-Fu Lee’s LLM startup unveils open source model … The startup’s ability to commence model training quickly is no doubt an outcome of its smooth fundraising, which is critical to securing top-tier talent and AI processors. While declining to disclose how much 01.AI has raised, Lee said it’s valued at $1 billion after receiving financing from Sinovation Ventures, Alibaba Cloud and other undisclosed investors.