Sensetime Group says it restructured to better respond to 'AI 2.0 era'

Reuters12-04 08:15

BEIJING, Dec 4 (Reuters) - Sensetime Group Inc 0020.HK said on Tuesday it had completed a strategic organisational restructuring to "better respond to the opportunities and challenges of the AI 2.0 era," in a filing to the Hong Kong Stock Exchange.

The company had established a new "1+X structure", it said, with the 'X' focussing on AI applications in areas such as smart retail and smart healthcare, and the '1' representing the group's core business, large-scale AI models and applications.

(Reporting by Joe Cash; Editing by Himani Sarkar)

((Joe.Cash@thomsonreuters.com;))

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