After the unexpected passing of its founder two weeks ago, Chinese AI company SenseTime Group Inc. (00020.HK) seems to have steadied itself amid the . AIGC, Artificial Intelligence, automobile, automotive, Education, entertainment, finance, Generative AI, healthcare, Hong Kong, investment, IPO, LLM, medicine, online game, revenue, SenseTime, Shanghai, software, stock exchange, University
The sudden death of Tang Xiao'ou, a key figure behind China's facial recognition technology and a cofounder of SenseTime Group, is the latest challenge to face the US-sanctioned artificial intelligence (AI) giant, with its shares losing 11 per cent in Hong Kong on Monday. Shares of SenseTime, once held up as a model of China's AI capabilities thanks to the strong research credentials of Tang, a professor with the Chinese University of Hong Kong, have dropped to their lowest-ever level since its
SenseTime Group shares plunged to record lows on Monday following the passing of co-founder Tang Xiao’ou, in the latest blow to the ailing artificial intelligence giant.
SenseTime is known as one of China’s “four little dragons” of AI, along with fellow facial recognition-providers Cloudwalk Technology, Megvii and Yitu.
Tang’s academic career at CUHK began in 1998, and he mentored many accomplished engineers and computer scientists, who would go on to spur China’s lead in artificial intelligence.