Kai-Fu Lee, a pioneer in AI, believes China has yet to experience its "ChatGPT moment." His company, (link unavailable), is launching Wanzhi, a productivity assistant tailored for the Chinese market. Wanzhi works like Microsoft's Copilot, helping users create documents, spreadsheets, and presentations quickly. The app interprets financial reports, meeting minutes, and books, providing summaries and outlines.

Lee emphasizes China needs its own ChatGPT to boost interest, investment, and adoption. OpenAI's chatbot is banned in China, and local chatbots haven't yet met expectations. (link unavailable) achieved unicorn status in just eight months, developing an open-source AI model outperforming Silicon Valley rivals.

Beijing ensures a non-competitive local market for national players, restricting foreign AI models due to strict censorship. Chinese firms like (link unavailable), ByteDance, and Baidu invest heavily in developing chatbots and AI products. (link unavailable) also launches Yi-Large, a large language model for enterprises, available at lower prices than GPT-4 Turbo.

Despite US restrictions on AI accelerators, (link unavailable) stocked up on Nvidia processors, using less powerful ones when needed. Lee's company edges towards profitability, negotiating with global and domestic partners to boost revenue. Wanzhi debuts PC and mobile versions, available through WeChat, marking a significant step in China's AI journey.