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SENSETIME-W Ranks 3rd in Hurun CN AI Firms Top 50 w/ Value RMB50B
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The Hurun Research Institute released the “2024 Hurun China AI Enterprises Top 50”, in which there are 27 unlisted companies with a threshold of RMB6 billion. The threshold for ranking as top 10 companies is RMB22 billion. CAMBRICON(688256.SH), an AI chip company founded in 2016 and headquartered in Beijing, topped the list with a value of RMB238 billion. IFLYTEK(002230.SZ) ranked second with a value of RMB116 billion. Machine vision and foundation model company, SENSETIME-W (00020.HK), ranked third with a value of RMB50 billion. Beijing leads the list with 20 companies on the list, including well-known companies such as CAMBRICON and FOURTH PARADIGM (06682.HK), while Shanghai has 9 companies on the list, represented by SENSETIME-W, STONEHILL TECHNOLOGY(002195.SZ) and DiDi Autonomous Driving. It should be noted that the list focuses on Chinese companies that specialize in AI computing power or algorithms, and includes only non-embodied intelligence companies, not embodied intelligence companies, such as robots (e.g., UBTECH ROBOTICS (09880.HK)) and smart cars (e.g., XPENG-W (09868.HK)). In addition, companies that have outstanding performance in the AI field but AI is not their core business (e.g. ByteDance, BABA-W (09988.HK), TENCENT (00700.HK), BIDU-SW (09888.HK), etc.) are also not included in the list. AAStocks Financial News |
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