Streetbeat News

SNTMF

SenseTime Group Inc.

Industry

Software Publishers

Open

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Mkt cap

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Volume

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High

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P/E Ratio

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52-wk high

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Low

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Div yield

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52-wk low

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SenseTime is shifting focus to generative AI, which now accounts for 60% of its revenue, despite challenges like price wars and GPU restrictions. The company is narrowing its losses and showing revenue growth, but investor enthusiasm is waning.

Portfolio Pulse from The Bamboo Works

September 03, 2024 | 12:59 pm

Baidu has committed $140 million to finance Chinese startups exploring generative AI, tapping into the ChatGPT frenzy. The fund will be used to incubate projects built on Baidu's Ernie AI model. However, challenges include China's internet regulator requiring security reviews and the US semiconductor embargo affecting AI model training.

Portfolio Pulse from Anusuya Lahiri

May 31, 2023 | 11:15 am

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