Chinese AI startup SenseTime reports FY 2024 revenue up 11% YoY to ~$524M, below ~$620M est., and a ~$592M net loss, above ~$551M est., as the AI race heats up
Rachel Yeo / Bloomberg :
Filing: Hong Kong stock exchange executive Yang Qiumei inherited a 20% SenseTime stake, worth $1.5B, from her late husband, making her its largest shareholder
Pui Gwen Yeung / Bloomberg :
SenseTime's stock rises 30%+ after the company unveiled the latest version of its SenseNova AI model; its stock is down 80%+ since its 2021 Hong Kong IPO
Bloomberg :
SenseTime's shares fell as much as 9.7% in Hong Kong, after a short seller accused the AI company of inflating its revenue; SenseTime refutes the allegations
Sarah Zheng / Bloomberg :
Analysts: Chinese AI startup SenseTime's pivot from government surveillance work to data centers now seems doomed by new US export controls on powerful AI chips
Hong Kong-based AI company SenseTime faces ‘end of the road’ for data centre ambitions — SenseTime, once the darling … X: @chinabeigebook X: @chinabeigebook : “Shares in #SenseTime have ⬇️ >75% sinc...
Shares in SenseTime, China's most valuable AI company, fell 50%+ to HK$2.90, or $0.37, an all-time low and below the IPO price, after a lock-up period expired
Cheng Leng / Financial Times :
Sources: as SenseTime prepares for an IPO, its plan to create the world's first “AI casino” in Genting Singapore is delayed due to technical issues
Artificial intelligence leader SenseTime has run into problems with flagship Singapore project Tweets: @primroseriordan Tweets: Primrose Riordan / @primroseriordan : Exclusive: Chinese AI powerhouse S...
Profile of Chinese AI company SenseTime, which has raised $3B+, as it prepares for a Hong Kong IPO and tries to retain support from China, its biggest customer
Financial Times : Tweets: @primroseriordan , @chinabeigebook , @financialtimes , and @primroseriordan Tweets: Primrose Riordan / @primroseriordan : SenseTime is one of China's brightest hopes for its...
Chinese AI startup SenseTime files for IPO in Hong Kong two years after being blacklisted by Trump; sources say it is looking to raise at least $2B
Chad Bray / South China Morning Post :
Chinese AI startup SenseTime files for IPO in Hong Kong two years after being blacklisted by Trump; sources say it is looking to raise at least $2B
Chad Bray / South China Morning Post :