Reported about 16 hours ago
Chinese AI firm SenseTime has undergone a significant restructuring to emphasize generative AI technologies, shifting away from its earlier focus on computer vision and surveillance. This move comes as the company seeks to regain competitiveness in the market after a notable decline in share prices and business segments. SenseTime aims to leverage generative AI as its core business, establishing multiple units with dedicated leadership, amid ongoing efforts to achieve profitability since its inception.
Source: YAHOO