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SenseTime Shares Jump 3.7% as Generative AI Drives 72.7% Revenue Growth
SenseTime Shares Jump 3.7% as Generative AI Drives 72.7% Revenue Growth
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BTCCSquare news:
SenseTime Group Inc. (0020.HK) rallied 3.68% in Hong Kong trading after reporting a 35.6% revenue surge to US$330 million for H1 2025. The Chinese AI specialist's generative AI division powered results with 72.7% growth, now representing 77% of total sales - a dramatic pivot from its legacy computer vision business.
While net losses halved year-on-year, margin pressures emerged from heavy infrastructure investments. The company's new compute mall initiative aligns with Beijing's 'AI Plus' industrial policy, positioning SenseTime as a key beneficiary of China's domestic AI development push.
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