The kanji and the word are exactly the same. That means they share meanings as well.

智 means wisdom or intelligence, especially the kind that comes from good judgment and clear thinking. Rather than mere knowledge, it refers to a deeper understanding of what you know and how to apply it. On its own, it has a somewhat classical or literary feel, so you'll mostly encounter it in more formal or traditional writing.

This has the same reading as the kanji you learned, meaning you know the reading!