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SenseTime plunges after death of China AI firm s co-founder, ET Telecom

SenseTime: The Chinese firm’s growth however has slowed dramatically in the face of rapidly intensifying competition. The US government blacklisted the company in 2019 on allegations related to human rights violations in Xinjiang. That restricted its access to capital and crucial US tech components, compounded in recent months by new curbs on the sale of advanced AI chips and chipmaking equipment to Chinese firms.

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