SenseTime Grapples with Losses a Decade After Its Inception, Pinning Hopes on Generative AI to Drive Profitability

SenseTime Group Inc., formerly a frontrunner in China’s artificial intelligence (AI) sector, reported an annual loss of 6.495 billion yuan in 2023, marking a 6.6% increase compared to the previous year.…

This data comes from the ChinaPulse.com media intelligence and smart news insights monitoring platform.