SenseTime Group, Inc. Class B (HK:0020) has released an update.
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SenseTime Group, Inc. reports a 21.4% revenue increase to RMB 1.739 billion in the first half of 2024, driven by a 255.7% surge in Generative AI business and robust overseas growth. The company reduced its loss by 21.2% and is capitalizing on the generative AI era, with its products gaining significant market share according to IDC reports.
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