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Hong Kong stock movement | SenseTime-W (00020) rose over 5% in the morning. A one-stop end-to-end intelligent driving solution has been released, and mass production will begin in the fourth quarter of next year.
SenseTime-W (00020) rose over 5% in the morning, as of the time of writing, it has increased by 5.56%, priced at 1.52 Hong Kong dollars, with a transaction volume of 0.233 billion Hong Kong dollars.
CICC Securities: The essence of AIAGENT is the "execution" function, focusing on its application and implementation in combination with the terminal.
The market's expectation for AI has shifted directly towards the real implementation of various computing platforms, hardware clouds, or edge devices, from large models and their applications.
Xu Bing from SenseTime (00020): SenseTime is one of the few independent AI cloud platforms, and the demand growth is a trend.
Xu Bing expressed that it's not just the current trend of generative AI that we see now, various games, even watching short videos, all require more computing power and AI technology. In addition, including personalized AI assistants, autonomous driving, and siasun robot&automation, three major areas are expected to generate super applications, bringing huge opportunities to the industry.
Sensetime initiates organizational structure adjustment involving multiple business lines. How to solve the dilemma of AI industry profitability?
Regarding the news of organizational restructuring and layoffs, SenseTime responded: advancing global strategy transformation, focusing on the key business and strategic growth areas of 'big devices - big models - applications', and carrying out corresponding organizational and talent structure optimization and adjustments. Xu Li stated that around the strategy and core resources, a more centralized and efficient organizational structure will be built to promote the concentration and intensification of resources, accelerate the rejuvenation process of organization and management.
Is SenseTime laying off employees? Company response: Social recruitment and campus recruitment are proceeding as usual.
According to media reports in the afternoon of October 23, SenseTime is undergoing organizational restructuring and layoffs. The restructuring this time focuses on retaining two businesses related to daily large models and large devices, including security, autonomous driving, and medical business adjustments. The compensation provided for this adjustment is n plus 1. In response to this, Sina Technology reached out to SenseTime for verification, and SenseTime responded: "Thank you for your attention to SenseTime! SenseTime is actively promoting global strategy transformation, focusing on key businesses and strategic growth areas of "large devices-large models-applications", and making corresponding organizational and personnel adjustments."
Hong Kong stock market anomaly | SenseTime-W (00020) rose more than 3%, establishing a new "trinity" global strategy to build a more centralized and efficient organizational structure.
SenseTime-W (00020) rose more than 3%, as of press time, rose 3.05%, at 1.68 Hong Kong dollars, with a turnover of 1.032 billion Hong Kong dollars.
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