Market Insight

2024.04.25 08:46

Market News SENSETIME (00020) launches SenseNova 5.0

(Infocast News) SENSETIME (00020) announced that the Company held its Tech Day event in Shanghai Lingang AIDC, in which the Company launched SenseNova 5.0 with 600 billion parameters. It achieved significant improvements in knowledge, mathematics, reasoning and coding capabilities, and its performance is generally comparable to GPT-4 Turbo. At the same time, the Company also launched Integrated Large Model (Enterprise) edge device and Edge-side Large Model SDK version for mobile devices. The board has noted the recent unusual movements in the trading price and trading volume of the Class B Shares. Save as disclosed above, the Board is not aware of any reasons for such price and volume movements or of any information which must be announced to avoid a false market in the Company’s securities or of any inside information that needs to be disclosed under the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong). Trading of SENSETIME-WR has been resumed. (WL)

Data Source：INF