Sensetime-W (00020) is now up more than 6%, as of publication, up 6.06%, at HKD 1.4, with a turnover of HKD 410 million.
According to the Wisdom Financial App, Sensetime-W (00020) is now up more than 6%, as of publication, up 6.06%, reporting HKD 1.4 with a turnover of HKD 410 million.
On the news front, on June 25, OpenAI announced that it will stop API traffic from non-supported countries and regions such as mainland China from July 9. Sensetime announced the launch of the large model '0 Yuan Purchase Plan', under which newly registered enterprise users will receive multiple free services. At the same time, it will give new registered enterprise users 50 million tokens and provide a series of migration training from OpenAI to 'Ririxin Sensenova'. In addition, Sensetime Technology will release the 'Ririxin 5.5' large model, comprehensively upgrading its product matrix.
It is worth noting that SenseTime recently announced that it plans to raise HK$1.995 billion in net proceeds from the sale of shares, which will be mainly used to increase the scale of the SenseTime large-scale equipment leading the industry, support the further development of generative artificial intelligence (including large-scale model research and product development), and for general operating capital of the company.