Sensetime Group says it restructured to better respond to 'AI 2.0 era'

Reuters

2024/12/04

BEIJING, Dec 4 (Reuters) - Sensetime Group Inc 0020.HK said on Tuesday it had completed a strategic organisational restructuring to "better respond to the opportunities and challenges of the AI 2.0 era," in a filing to the Hong Kong Stock Exchange.

The company had established a new "1+X structure", it said, with the 'X' focussing on AI applications in areas such as smart retail and smart healthcare, and the '1' representing the group's core business, large-scale AI models and applications.

(Reporting by Joe Cash; Editing by Himani Sarkar)

((Joe.Cash@thomsonreuters.com;))

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The company had established a new \"1+X structure\", it said, with the 'X' focussing on AI applications in areas such as smart retail and smart healthcare, and the '1' representing the group's core business, large-scale AI models and applications.   ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"80020":"商汤-WR","00020":"商汤-W","BK1109":"应用软件"},"translate_title":"商汤集团称重组是为了更好地应对“AI 2.0时代”","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"80020":0.6,"00020":0.9},"content_text":"Sensetime Group says it restructured to better respond to 'AI 2.0 era'BEIJING, Dec 4 (Reuters) - Sensetime Group Inc 0020.HK said on Tuesday it had completed a strategic organisational restructuring to \"better respond to the opportunities and challenges of the AI 2.0 era,\" in a filing to the Hong Kong Stock Exchange. The company had established a new \"1+X structure\", it said, with the 'X' focussing on AI applications in areas such as smart retail and smart healthcare, and the '1' representing the group's core business, large-scale AI models and applications.  (Reporting by Joe Cash; Editing by Himani Sarkar) ((Joe.Cash@thomsonreuters.com;))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}