SENSETIME-W Addresses Share Price Volatility; Trade To Resume Tmr;Unveils SenseNova 5.0 Foundation Model
$SENSETIME-W(00020.HK$ acknowledges recent unusual movements in the trading price and volume of its Class B Shares, citing no awareness of reasons behind the fluctuations or inside information necessitating disclosure.
The company has applied for the resumption of trading in its Class B Shares effective from 9 am tomorrow (25 Apr).
Additionally, SENSETIME introduced its "SenseNova 5.0" foundation model on April 23, featuring 600 billion parameters and notable advancements in knowledge, mathematics, reasoning, and coding capabilities, with performance comparable to GPT-4 Turbo. Alongside, the company launched an Integrated Large Model (Enterprise) edge device and Edge-side Large Model SDK version for mobile devices.
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