A logo of SenseTime is seen during 2021 China Content Broadcasting Network Exhibition at China International Exhibition Center on May 29, 2021 in Beijing, China.
Shares of SenseTime Group surged more than 30% on Wednesday, after the Chinese AI giant announced its latest generative artificial intelligence model, called SenseNova 5.0.
The company's shares traded as high as 82 Hong Kong cents a share, or 34.42% higher than its previous close of 61 cents.
SenseTime said in a release that the major advancement in SenseNova 5.0 focuses on knowledge, mathematics, reasoning, and coding capabilities.
Persons:
SenseTime
Organizations:
China Content Broadcasting Network, China International Exhibition Center, SenseTime, Hong
Locations:
China, Beijing, Hong Kong