Markets News Report
April 10, 2023

SenseTime Unveils SenseNova, the Latest Addition to China’s Large AI Models, Joining Baidu and Alibaba

SenseTime, one of the leading Chinese artificial intelligence companies, has unveiled its latest large AI model, SenseNova, during a live demonstration at its data center in Shanghai. This move by SenseTime is a response to the increasing popularity of the large language models, which has led to a global race among technology companies. 

SenseNova includes computer vision, natural language processing, and AI-generated content capabilities, such as a chatbot, image generator, a platform for creating digital avatars, and tools for 3D modeling. The new products were built using the latest edition of SenseNova, which SenseTime has been developing for five years.

SenseTime’s AI applications assist its customers in generating video content quickly, Reuters wrote. The goal is to create a digital environment where the presenter, surroundings, and products are generated in real-time using AI. According to Xu Li, the CEO of SenseTime, the AI-generated live-streaming room runs continuously 24/7, with AI-generating product creation and interactive content. The AI is so advanced that it may even be challenging to discern if the presenter is a real person during nighttime broadcasting.

The company’s CEO showcased the SenseChat chatbot, which could write an email, tell a story about a cat catching a fish, and even script computer codes when prompted by questions. The introduction of SenseNova marks SenseTime’s entry into this competitive market, joining the likes of OpenAI’s ChatGPT, as well as other Chinese technology powerhouses, such as the e-commerce giant Alibaba and the search-engine giant Baidu.

“In China, AI bots will initially develop fast in B2B territory before B2C companies start using them. We need to improve our technological capabilities and fine-tune services to better commercialize AI,”

SCMP cited Xu Li.

SenseTime was established in Hong Kong in 2014 by a team of computer scientists. According to its website, SenseTime is dedicated to driving innovation to create a better future empowered by AI. The AI software company strives to advance AI research and develop affordable and scalable AI software platforms that benefit society and businesses.

Read more:

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Agne is a journalist who covers the latest trends and developments in the metaverse, AI, and Web3 industries for the Metaverse Post. Her passion for storytelling has led her to conduct numerous interviews with experts in these fields, always seeking to uncover exciting and engaging stories. Agne holds a Bachelor’s degree in literature and has an extensive background in writing about a wide range of topics including travel, art, and culture. She has also volunteered as an editor for the animal rights organization, where she helped raise awareness about animal welfare issues. Contact her on [email protected].

More articles
Agne Cimerman
Agne Cimerman

Agne is a journalist who covers the latest trends and developments in the metaverse, AI, and Web3 industries for the Metaverse Post. Her passion for storytelling has led her to conduct numerous interviews with experts in these fields, always seeking to uncover exciting and engaging stories. Agne holds a Bachelor’s degree in literature and has an extensive background in writing about a wide range of topics including travel, art, and culture. She has also volunteered as an editor for the animal rights organization, where she helped raise awareness about animal welfare issues. Contact her on [email protected].

Hot Stories
Join Our Newsletter.
Latest News

NFTs & Mining: A Digital Synergy

The rise in usage of the non-fungible tokens has changed the way we see and engage with ...

Know More

AI in Crypto

Explore the ever-evolving realm of artificial intelligence within the cryptocurrency sphere. Discover the transformative impact of AI ...

Know More
Join Our Innovative Tech Community
Read More
Read more
Coinbase Accounts Show $0 Balance Amidst Bitcoin Rally to $60K, Users Shocked
Business News Report
Coinbase Accounts Show $0 Balance Amidst Bitcoin Rally to $60K, Users Shocked
February 29, 2024
Morgan Stanley’s Europe Opportunity Fund Files N-1A to Add Language on Investment in Spot Bitcoin ETFs
Business News Report
Morgan Stanley’s Europe Opportunity Fund Files N-1A to Add Language on Investment in Spot Bitcoin ETFs
February 29, 2024
Marathon Digital Debuts Bitcoin L2 Network Anduro with Sidechains Coordinate and Alys
News Report Technology
Marathon Digital Debuts Bitcoin L2 Network Anduro with Sidechains Coordinate and Alys
February 29, 2024
Mocaverse Expands Presence in South Korea, Partners with Cube Entertainment, IPX Daehong Communication, Nine Chronicles M and GOMBLE
Business News Report
Mocaverse Expands Presence in South Korea, Partners with Cube Entertainment, IPX Daehong Communication, Nine Chronicles M and GOMBLE
February 28, 2024
What You
Need to Know

Subscribe To Our Newsletter.
Daily search marketing tidbits for savvy pros.