- 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.
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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.
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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