US EditionChinese AI firm SenseTime denies research firm Grizzly's claim it inflated its revenue
- SenseTime, a major Chinese AI company, denies allegations of inflating revenue and calls the report unfounded and misleading.
- The report accuses SenseTime of using fabrication schemes to inflate sales data and not disclosing hidden entities.
- SenseTime's stock initially dropped but recovered some ground after the allegations. Prominent backers like Alibaba and SoftBank Group have reduced their stakes in the company.
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Chinese AI firm SenseTime denies research firm Grizzly's claim it inflated its revenue
HONG KONG (AP) — SenseTime, a major Chinese artificial intelligence company, has rejected claims by a research company that it has falsely inflated its revenue. “(SenseTime) believes the report is […]
·Winnipeg, Canada
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Total News Sources20
Leaning Left6Leaning Right2Center8Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 38%
C 50%
13%
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