Sensetime, one of China’s leading artificial intelligence (AI) companies, is seeking to raise HK$2 billion (US$260 million) from a stock placement at a discount to the market price to help …
A number of Chinese artificial intelligence (AI) companies are seeing greater demand for their social media applications in overseas markets, as adoption on the mainland has been slower by comparison. …
Nvidia has designed lower-grade chips tailored for China-based clients after the US in October escalated its export restrictions to ban the shipments of the firm’s sophisticated A800, H800 and L40S …
SenseTime, one of China’s artificial intelligence (AI) pioneers, is aiming for profitability within the next two years as revenue from its generative AI business tripled last year, and is expected …
“I believe in applications and those that can commercialise immediately,” said Zhu, who indicated that he did not invest in any LLM-focused company on the mainland last year. Sample code …
IDG Capital, a venture firm with offices in Beijing and Hong Kong, said it’s working to clear up “confusion” over its inclusion on a US Pentagon list of companies with …
The sudden death of Tang Xiao’ou, a key figure behind China’s facial recognition technology and a cofounder of SenseTime Group, is the latest challenge to face the US-sanctioned artificial intelligence …
SenseTime’s corporate mission – set out by Tang – to create a better AI-empowered future through innovation “will inspire everybody to ascend to the top and complete his unfinished business”, …
The municipal government of Shanghai, which is trying to model the city into China’s pre-eminent tech hub, has named 40 businesses in its first batch of tech champions, including US-sanctioned …
China AI champion SenseTime mulls separate fundraising for auto and healthcare units, people say SenseTime Group is exploring carving out its autonomous driving and healthcare units for separate fundraising, people …