01.AI Targets Palantir in ToB Pivot, Li Kaifu Leads Sales, Aims for 2026 Orders Over 1.5 Billion Yuan, 2027

01. AI, founded by Li Kaifu, was initially positioned as a large language model company and was known as one of the "Six Little Tigers" in the industry. In 2024, 01. AI transferred most of its model training and AI Infra teams to Alibaba. Subsequently, the company adjusted its strategy, pivoting to a ToB direction and benchmarking Palantir. Li Kaifu himself took on the role of the company's top salesperson, driving client partnerships. The company developed a multi-agent system called "Kaifu AI" and launched an enterprise AI decision platform named "Wance AI," as well as a "Number One AI" application targeting executives, investment, and sales scenarios.

In terms of operational data, 01. AI's orders reached 500 million yuan in 2025, with audited revenue of 250 million yuan. As of May 2026, orders had exceeded 1.5 billion yuan. The company's target for 2026 is to secure contracts worth 1.5 billion to 2 billion yuan and to achieve breakeven. Additionally, 01. AI is advancing a Pre-IPO financing round and plans to list on the Hong Kong Stock Exchange in 2027.

The development history of Innovation Works, previously founded by Li Kaifu, shows that it raised only USD 15 million at its inception in 2009. In 2016, Innovation Works completed its third USD fund of USD 300 million and its second RMB fund of RMB 2.5 billion, with total assets under management exceeding RMB 8 billion. By 2019, assets under management had further increased to approximately RMB 15 billion.

In terms of industry context, Palantir experienced a valuation revaluation in 2025 due to enterprise AI deployment demand, with its market capitalization briefly approaching USD 500 billion. Chinese AI company SenseTime reported revenue of RMB 3.77 billion in 2024 and a net loss of RMB 4.306 billion. CloudWalk Technology reported revenue of RMB 398 million in 2024 and a net loss attributable to shareholders of RMB 696 million. Moonshot AI is valued at approximately RMB 330 billion in the primary market. Li Kaifu is currently 65 years old.