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SenseTime shares soar more than 30% after announcing its latest generative AI model - TL;DR CNBC

SenseTime shares soar more than 30% after announcing its latest generative AI model

Publishing timestamp: 2024-04-24 02:19:57


Summary

SenseTime Group's shares surged over 30% after announcing its latest generative artificial intelligence model, SenseNova 5.0, which the company claims is better than OpenAI's GPT 4 in various scenarios, especially in Chinese-language usage. Other Chinese tech giants are also developing their own generative AI platforms to compete in the market.


Sentiment: POSITIVE

Tickers: BIDU9888-HKBABA20-HK

Keywords: baidu incasia economybreaking news: technologybusiness newsalibaba group holding ltdsensetime group inctechnology

Source: https://www.cnbc.com/2024/04/24/sensetime-shares-soar-after-announcing-sensenova-5point0-generative-ai-model.html


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