SenseTime
SenseTime rallied in its Hong Kong debut Thursday as it tried to move past a politically-fraught month that forced the Chinese artificial intelligence startup to delay its initial public offering. The impending US action was first reported by the Financial Times on Thursday.
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18 hours agoSenseTimes technology has been deployed in a range of areas including assisting police in China providing product placements in films and creating an augmented reality scene in a mobile game by Tencent Holdings Ltd.
. 16 hours agoSenseTime Group Inc. Upholding a vision of advancing the interconnection of physical and digital worlds with AI driving sustainable productivity growth and seamless interactive experiences SenseTime is committed to advancing AI research developing scalable and affordable. SenseTime still plans to sell 15 billion shares at a price range of HK385 to HK399 seeking to raise as much as 767 million.
SenseTime was added to the entity list in October 2019 which bans US entities from exporting goods to those companies but SenseTime has. Sensetime Group Inc is a China-based holding company mainly engaged in the provision of computer vision software. 商汤科技 is a Hong Kong-headquartered artificial intelligence company with offices in China Indonesia Japan South Korea Macau Malaysia the Philippines Saudi Arabia Singapore Taiwan Thailand and the United Arab Emirates.
The sanction adds the facial recognition company SenseTime to a list of 59 Chinese companies in which US. SenseTime provides technology-based applications including facial recognition video analysing and autonomous driving. SenseTime is still referred to by the Financial Times as the most valuable artificial intelligence company in China but with many investors blocked from involvement with SenseTime by US.
SenseTime said in a statement that its management team had confidence in its long-term value and prospects while a few of the companys founding figures decided to extend the lock-up period of. Citizens and entities are prohibited from investing. Like Huawei Technologies Co.
The United States strikes a blow to Chinas AI ambitions. 8 hours agoShares in SenseTime plunged to half their previous price after a lock-in period for pre-IPO investors ended allowing them to take their profits from stakes in the facial recognition giant. Slumped as much as 51 in Hong Kong trading on Thursday after a lock-up of its shares expired following its.
The expiry of a. 22 hours agoHONG KONG BLOOMBERG - Chinese artificial intelligence software maker SenseTime Group slumped as much as 51 per cent in Hong Kong on Thursday June 30 after a. Shares took a battering Thursday dropping as much as 51 and falling below the companys December listing price.
In a statement Saturday SenseTime said that. And Semiconductor Manufacturing International Corp the company was regarded as a national champions a leader in a burgeoning field considered key to. 19 hours agoSenseTime Group Inc.
Bloomberg -- SenseTime Group Inc. The expiry of a. The company develops technologies including facial recognition image recognition object detection optical character recognition medical ima.
SenseTime reported revenue of 47 billion yuan 702 million and a loss of 69 billion yuan last year. SenseTime Chinas most valuable private AI firm was one of the highest-profile targets of sanctions from Washington aimed at containing Chinas tech rise. SenseTime Group Inc.
Deep learning models are vulnerable against noises eg adversarial attacks which poses strong challenges on the deep learning-based applications in the real-world scenario. It had planned to raise up to 2 billion in its Hong Kong IPO Reuters. Shares took a battering Thursday dropping as much as 51 and falling below the companys December listing price.
The final offer price will be set on Thursday. The Companys product is the artificial intelligence infrastructure SenseCore. SenseTime is a leading AI software company founded in Hong Kong in 2014 focused on creating a better AI-empowered future through innovation.
SenseTime Group Incs stock posted its biggest intraday loss since its debut after a six-month lockup requirement ended with the share price falling below its initial-public-offering price. Shares fell by nearly half erasing nearly 12 billion in market value as some investors in the Chinese artificial-intelligence company rushed for the door after a.
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