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 :
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 :
Chinese AI company SenseTime, blacklisted by Trump last year, saw its revenue surge 147% to $720M in 2019 and expects an 80% revenue growth in 2020
- World's largest AI startup SenseTime sees business boom — SenseTime is said to expect 80% revenue growth this year Tweets: @retogregori and @luluyilun Tweets: Reto Gregori / @retogregori : China'...