- SenseTime stock soared 36% after unveiling SenseNova 5.0 AI model.
- New model matches ChatGPT-4 capabilities across multiple domains.
- Security tech firm pivots to bolster global AI competition.
A debut so hot, trading couldn’t keep up
SenseTime’s stock trading briefly halted as its share price skyrocketed 36% following the launch of SenseNova 5.0, the Chinese AI giant’s latest large language model (LLM).
Incredible Innings According to CEO Xu Li, SenseNova 5.0 matches or exceeds OpenAI’s ChatGPT-4 in knowledge, reasoning, math skills, and coding capabilities. The model supports education, content creation, finance, and data analysis.
The surveillance experts go full-blown AI
Despite China’s regulatory crackdown, SenseTime continues investing in AI development. The company introduced SenseNova Edge-side LLM, an enterprise version, showcasing its determination to compete globally.
Renowned for its facial recognition technology powering China’s surveillance system, SenseTime now focuses on expanding its AI prowess, defying challenges to emerge as a formidable player.
To read the original article: https://www.techinasia.com/sensetime-pauses-trading-stock-rises-30-model-launch
