Last weekend, Professor Xiaoou Tang, the founder of sensetime, passed away. As we reflect on the legacy of this pioneering figure, questions arise about the future trajectory of SenseTime, a once-prominent AI company facing turbulent times, especially in China's evolving AI landscape.
In this episode we delve into:
The growth of SenseTime since 2014 to become one of the biggest independent AI company in China;
Grizzly reports accusations against SenseTime for engaging in revenue fabrication;
The current challenges faced by SenseTime - increasing market competition, tightening data regulations, on-premise deployment requirements, etc.;
Lessons to learn from SenseTime’s predicament - importance of product market fit, cautioning against unsustainable cost structures, and pitfalls of meeting growth expectations without a solid foundation.
Featured materials:
SenseTime Financial Results
We Believe SenseTime is Artificially (Un)Intelligently Inflating Revenue Through Highly Questionable Revenue Round-Tripping Schemes, Grizzly reports.
https://mmlab.ie.cuhk.edu.hk/
