SenseTime joins chatbot frenzy, as major shareholders say ‘No thanks’
The Chinese AI specialist recently launched its own ChatGPT-equivalent, just as two major shareholders sold down some of their stakes Key Takeaways: SenseTime released its SenseChat chatbot around the same…
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Tencent Stock In Turbulence Again Just As Regulatory Crackdown Eases
The tech giant’s stock lost 11% after its largest shareholder decided to sell down its stake, retreating from recovery from a prolonged regulatory crackdown on the technology sector Key takeaways:…
Long-Time Money-Losing AI Giant SenseTime Seeks High Valuation Listing
The controversial unicorn has lost 24.2 billion yuan in the last three and a half years, as it plans to raise up to $2 billion in a Hong Kong IPO…