sensetime

New Business

SenseTime to expand computing power amid surging AI model demand

SenseTime, an artificial intelligence (AI) pioneer in China, is set to expand its computing power by up to a triple-digit…

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New Business

Chinese AI firm SenseTime bets on multimodal models to stand out from rivals

SenseTime, an artificial intelligence (AI) pioneer in China, has launched new models that it claims surpass OpenAI products in reasoning…

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New Business

China’s central bank vows to ease funding pressures on private sector

Chinese financial regulators have pledged to lower funding costs and open up fundraising options for the private sector, in the…

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New Business

SenseTime plans to spin off healthcare platform in effort to capitalise on advanced LLMs

Hong Kong-listed SenseTime is set to spin off its healthcare platform to facilitate growth, capitalising on the rapid advancements in…

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New Business

Chinese AI start-up MiniMax releases low-cost open-source models that rival top chatbots

Chinese artificial intelligence (AI) start-up MiniMax has launched a new series of open-source models, intensifying the competition among mainland technology…

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New Business

Chinese AI firm SenseTime downsizes Singapore office amid post-ChatGPT competition

SenseTime Group is reducing its office footprint in Singapore, scaling back once-lofty ambitions at a time it is struggling to…

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New Business

China’s Tesla rival Li Auto wants to expand into an AI and robot company

Li Auto, one of China’s closest rivals to US electric vehicle (EV) giant Tesla, is looking to reposition itself as…

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Tech

Sensetime’s generative AI growth pushes revenue up 21% in first half

Chinese artificial intelligence giant SenseTime has seen revenue jump more than 20 per cent this year on the back of…

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Tech

Baidu, SenseTime lead China’s market for business-focused large language models, says IDC

Chinese artificial intelligence (AI) giants Baidu and SenseTime, along with start-up Zhipu AI, are the country’s biggest providers of business-facing…

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Tech

Guangdong’s AI industry reaches US$25 billion as province competes with Beijing, Shanghai

The artificial intelligence (AI) industry in China’s southern Guangdong province grew to 180 billion yuan (US$25 billion) in 2023, according…

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