SenseTime Group, Inc. Class B ( (HK:0020) ) has shared an announcement.
SenseTime Group, Inc. announced its financial results for the year ended December 31, 2024, reporting a 10.8% increase in revenue and a significant reduction in losses compared to the previous year. The company highlighted its strategic focus on AI infrastructure and large models, achieving industry-leading performance with its SenseNova model, which surpassed GPT 4-Turbo. The advancements in AI technology have led to a substantial decline in model costs, driving growth in applications, particularly in productivity and interactive tools, with increased customer engagement and willingness to pay.
More about SenseTime Group, Inc. Class B
SenseTime Group, Inc. is a leading company in the artificial intelligence industry, focusing on AI infrastructure, large model development, and applications. The company is known for its proprietary AI infrastructure, SenseCore, and its large model, SenseNova, which have positioned it as a key player in AI advancements, particularly in China.
YTD Price Performance: 5.37%
Average Trading Volume: 735,026,991
Technical Sentiment Signal: Sell
Current Market Cap: HK$58.1B
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