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Xu Li

China’s AI leader Sensetime unveils US$260 million share placement plan

by Anas Siddiqui
China’s AI leader Sensetime unveils US0 million share placement plan

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 …

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China’s SenseTime says generative AI will help the firm turn a profit within 2 years

by Anas Siddiqui
China’s SenseTime says generative AI will help the firm turn a profit within 2 years

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 …

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Chinese AI giant SenseTime suspends trading as shares surge more than 30% after launch of updated large language model

by Anas Siddiqui
Chinese AI giant SenseTime suspends trading as shares surge more than 30% after launch of updated large language model

“In our pursuit to push the boundaries of SenseNova’s capabilities, SenseTime remains guided by the Scaling Law as we build upon our large [language] model based on this three-tier architecture: …

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