Market Chatter: SenseTime Adapting to Various Chipsets Amid Sanctions, Challenges, CEO Says

MT Newswires Live2024-10-18

SenseTime (HKG:0020) CEO Xu Li said its technologies will still be relevant beyond its 10th anniversary as it could adapt its artificial intelligence algorithms to more than 50 chipsets, the South China Morning Post reported Thursday.

The Hong Kong-listed AI company is also adapting to restrictions faced by its Chinese peers. It has also developed other systems adaptive to China-made graphics processing units, the report said.

SenseTime is on track to reach profit by 2026, with the bottom line gaining from efficiency in the use of GPU resources, the report said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2476496236?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-10-18 09:16","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2476496236","market":"fut","top_or_hot":-1,"title":"Market Chatter: SenseTime Adapting to Various Chipsets Amid Sanctions, Challenges, CEO Says","media":"MT Newswires Live","content":"<html><body><p> SenseTime (HKG:0020) CEO Xu Li said its technologies will still be relevant beyond its 10th anniversary as it could adapt its artificial intelligence algorithms to more than 50 chipsets, the South China Morning Post reported Thursday.</p><p>The Hong Kong-listed AI company is also adapting to restrictions faced by its Chinese peers. It has also developed other systems adaptive to China-made graphics processing units, the report said.</p><p>SenseTime is on track to reach profit by 2026, with the bottom line gaining from efficiency in the use of GPU resources, the report said.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Market Chatter: SenseTime Adapting to Various Chipsets Amid Sanctions, Challenges, CEO Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMarket Chatter: SenseTime Adapting to Various Chipsets Amid Sanctions, Challenges, CEO Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-18 09:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.mtnewswires.com/><strong>MT Newswires Live</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SenseTime (HKG:0020) CEO Xu Li said its technologies will still be relevant beyond its 10th anniversary as it could adapt its artificial intelligence algorithms to more than 50 chipsets, the South ...</p>\n\n<a href=\"https://www.mtnewswires.com/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"80020","symbol_name":"商汤-WR","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2476496236","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2476496236","pubTimestamp":1729214169,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"SenseTime  CEO Xu Li said its technologies will still be relevant beyond its 10th anniversary as it could adapt its artificial intelligence algorithms to more than 50 chipsets, the South China Morning Post reported Thursday.The Hong Kong-listed AI company is also adapting to restrictions faced by its Chinese peers. It has also developed other systems adaptive to China-made graphics processing units, the report said.SenseTime is on track to reach profit by 2026, with the bottom line gaining from efficiency in the use of GPU resources, the report said.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"80020":"商汤-WR","BK1109":"应用软件","00020":"商汤-W"},"translate_title":"市场热议：商汤科技首席执行官表示，在制裁和挑战中适应各种芯片组","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"80020":0.6,"00020":1},"content_text":"SenseTime (HKG:0020) CEO Xu Li said its technologies will still be relevant beyond its 10th anniversary as it could adapt its artificial intelligence algorithms to more than 50 chipsets, the South China Morning Post reported Thursday.The Hong Kong-listed AI company is also adapting to restrictions faced by its Chinese peers. It has also developed other systems adaptive to China-made graphics processing units, the report said.SenseTime is on track to reach profit by 2026, with the bottom line gaining from efficiency in the use of GPU resources, the report said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.4","shortVersion":"4.29.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2476496236"}