Translated data: Renowned Chinese AI scientist Li Kaifu founded the startup Zero One万物, focusing on the development of large-scale language models in China. The company released the Yi-34B model, which boasts 34 billion training parameters and demonstrates exceptional performance. With a valuation reaching $1 billion, it has received support from multiple investment institutions. Li Kaifu's goal is to meet the Chinese market's demand for large-scale language models and to build an ecosystem around it.