SenseTime Group Inc. showed off a suite of new artificial intelligence services developed with the company’s access to vast troves of data and deep computing power, including the latest Chinese challenger to AI phenom ChatGPT.
showed off a suite of new artificial intelligence services developed with the company’s access to vast troves of data and deep computing power, including the latest Chinese challenger to AI phenom ChatGPT.
Xu said that now human programmers do about 80 percent of the work in AI development, but in the future it will be reversed so that AI can handle 80 percent of the effort while humans take on 20 percent of the work to direct and polish. The AI model can also help double-check, translate and revise code, he said.
SenseTime, which in March telegraphed Monday’s event by disclosing progress in training text-to-image large generative models, is also backed by Alibaba Group Holding Ltd. Like every other major tech firm, the Chinese online commerce leader founded by Jack Ma is working on integrating generative AI across its various services, and began inviting corporate cloud customers to test drive the service last week.
The company has soared about 25 percent in the days since news of its April 10 event surfaced on social media, firing up expectations among investors glued to every major AI revelation. But it still remains more than 10 percent below its debut price. “Enthusiasm over AI development is a potential catalyst for China tech, but we are still in the early stages, and monetization of the technology may be a while away,” said Bloomberg Intelligence analyst Marvin Chen.
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