SenseTime

The United States strikes a blow to Chinas AI ambitions. The Companys product is.

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SenseTime is a leading AI software company founded in Hong Kong in 2014 focused on creating a better AI-empowered future through innovation.

. The final offer price will be set on Thursday. The impending US action was first reported by the Financial Times on Thursday. The sanction adds the facial recognition company SenseTime to a list of 59 Chinese companies in which US.

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. In a statement Saturday SenseTime said that we strongly. The company slumped to trade at as low as HK291 apiece the lowest ever and below its initial public offering price of HK385.

Chinese artificial intelligence start-up SenseTime Group relaunched its 767 million Hong Kong IPO on Monday a week after pulling the listing in the wake of the companys inclusion on a US. The companys shares fell as low as HK290 US037 in the morning trading session on Thursday their lowest-ever level and well below the listing. SenseTime Chinas most valuable private AI firm was one of the highest-profile targets of sanctions from Washington aimed at containing Chinas tech rise.

SenseTimes latest initiative enables it to compete in Chinas nascent automated industry inspection market which is led by major tech firms Baidu Huawei and Alibaba. The company develops technologies including facial recognition image recognition object detection optical character recognition medical ima. Updates shares loss and net worth in first two paragraphs Most Read from Bloomberg.

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. 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.

Like Huawei Technologies Co. SenseTime still plans to sell 15 billion shares at a price range of HK385 to HK399 seeking to raise as much as 767 million. 6 hours agoSenseTime Group Inc.

Sensetime Group Inc is a China-based holding company mainly engaged in the provision of computer vision software. Citizens and entities are prohibited from investing. 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 their holdings until the end of the year.

And Semiconductor Manufacturing International Corp the company was regarded as a national champions a leader in a burgeoning field considered key to. 14 hours agoSenseTime Group slumped as much as 51 per cent in Hong Kong trading on Thursday Jun 30 after a lock-up of its shares expired following its initial public offering. 15 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. The Biden administration widened. 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.

The expiry of a lockup on shares amid low trading liquidity. SenseTime provides technology-based applications including facial recognition video analysing and autonomous driving. Slumped as much as 51 in Hong Kong trading on Thursday after a lock-up of its shares expired following its initial public offering.

Shares took a battering Thursday dropping as much as 51 and falling below the companys December listing price. 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. A lock-up on a portion of the companys stock owned by the.

SenseTime was added to the entity list in October 2019 which bans US entities from exporting goods to those companies but SenseTime has since said the designation has little to no effect on its. SenseTime reported revenue of 47 billion yuan 702 million and a loss of 69 billion yuan last year. The company slumped to trade at as low as.

Yet the selling pressure could persist with another block of shares owned by SenseTimes shareholders to.

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