Time for a shift: SenseTime formalizes pivot to generative AI
The company, once a leader in traditional artificial intelligence with a focus on visual recognition, has formally restructured to focus on generative AI Key Takeaways: SenseTime has completed its strategic…
SenseTime feels revenue growth return on shift to generative AI
The company once called one of China’s four ‘AI dragons’ reported its revenue rose 21% in the first half of this year, as its generative AI business more than tripled…
Fourth Paradigm tries to shift investor perception with new platform launch
The AI company whose products help enterprises improve their efficiency said its revenue rose 28.5% in the first quarter Key Takeaways: Fourth Paradigm said its first-quarter revenue rose 28.5%, while…
Lianhe Sowell eyes big potential for machine vision AI with U.S. IPO plan
The company posted explosive revenue growth and became profitable in the last two years despite a history dating to 2007 Key Takeaways: Lianhe Sowell is seeking to raise $12 million…
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…
Tuya’s losses narrow, but stock still looks pricey
The internet of things services provider’s gross margin hit a record high last quarter and its loss narrowed on strong performance for its platform as a service business Key Takeaways:…
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…
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