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SENSETIME-W Expects to Turn Profitable Next Yr; Growth in Generative AI Revenue May Slow
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Xu Li, co-founder and CEO of SENSETIME-W (00020.HK), predicted the company to log adjusted earnings next year, the first time it will turn profitable since its listing on the Hong Kong Stock Exchange, even though the group continues to make relatively significant investment in multimodal models. In Xu's estimate, the future revenue growth of the company's generative AI business will slow down, but it will still experience high growth, and the differentiated capabilities of multimodal models will become stronger with technological advancements and increased user adoption, effectively meeting market demand. AAStocks Financial News |
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