Chinese AI giant SenseTime suspends trading as shares surge more than 30% after launch of updated large language model

scmp.com/tech/tech-trends/article/3260203/chinese-ai-giant-sensetime-suspends-trading-shares-surge-more-30-after-launch-updated-large-language

That hefty gain came after SenseTime co-founder, chairman and chief executive Xu Li on Tuesday introduced the latest advances of the company’s updated LLM – the technology used to train generative AI services like ChatGPT – at the firm’s Tech Day event in Shanghai
SenseTime, which has its global headquarters in the Hong Kong Science Park , suspended trading at 11:15am on…

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