FAST NEWS: SenseTime’s loss widens despite cost controls
The latest: Artificial intelligence (AI) company SenseTime Group Inc. (0020.HK) said its revenue fell 10.6% to 3.41 billion yuan ($472 million) last year, while its non-GAAP net loss rose 14.2% to 5.41…
FAST NEWS: SoftBank cuts SenseTime holding for seventh time in past year
The latest: Japan’s Softbank Group (9984.T) disclosed it sold 32.08 million shares of China’s leading artificial intelligence (AI) company SenseTime Group Inc. (0020.HK) at an average price of HK$0.9314 per share on Feb. 28, according…
FAST NEWS: SenseTime plummets on founder’s sudden death
The latest: China's leading artificial intelligence (AI) company SenseTime Group Inc. (0020.HK) announced Sunday its founder and executive director Tang Xiao’ou passed away on the evening of Dec. 15 at the…
Baichuan seeks a place at China’s crowded chatbot table
The AI startup raised $300 million just six months after its founding, as it draws on its ties with Tencent to play catchup to older rivals Key Takeaways: Six-month-old chatbot…
PODCAST: Baidu launches its ERNIE chatbot, and Baozun in a major new foreign tie-up
By Doug Young & Rene Vanguestaine Baidu has officially made its ERNIE chatbot available to the public, a half year after it first unveiled its answer to the ChatGPT sensation.…
U.S. tightens noose on outbound investment in cutting-edge China tech
A new executive order by President Joe Biden is the latest step by Washington to choke off U.S. funding for Chinese startups in sensitive areas like AI and microchips Key…
Not quite closure: Alibaba exit leaves questions for SenseTime
Investors have been cashing out of the Chinese AI specialist while other AI stocks around the world are surging Key Takeaways: SenseTime’s battered share price enjoyed a brief bounce after…
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