China has run ahead in many fields, and many technology companies have successfully surpassed Europe and the United States through technological innovation and become the world's first in the subdivision field, such as in the very hot AI field in recent years, many dark horse players have been born.
Especially since Google AlphaGo defeated Lee Jae-seok in 2016, AI technology has received more attention and gradually become an investment outlet, benefiting from the help of capital, and domestic AI technology companies have also risen rapidly.
SenseTime is China's best AI technology company, founded in 2014, although young, has become the largest supplier of computer vision software in China and the largest supplier of artificial intelligence software in Asia.
It is understood that since the establishment of SenseTime, it has published nearly 700 top academic papers, won more than 70 AI competition championships, and related patents have reached more than 8,000, which can be seen that SenseTime's technology research and development strength is indeed very strong.
In terms of AI application scenarios, as of June 2021, SenseTime has cooperated with more than 30 domestic and foreign automakers, becoming a supplier of more than 50 models.
In the field of computer vision, Huawei, Xiaomi, OPPO, vivo and other well-known mobile phone manufacturers are also using SenseTime to provide solutions, it is said that more than 400 million mobile phones around the world have used SenseTime's algorithms.
SenseTime can maintain a leading edge, the author believes that the main reason is that this company has successfully gathered many top talents in the industry, and The founder of SenseTime, Dr. Tang Xiaoou, has a very rich resume.
According to public information, Dr. Tang Xiaoou graduated from the Massachusetts Institute of Technology, and after obtaining his doctorate, he worked at the University of Chinese in Hong Kong and Microsoft Research Asia, continued to engage in research in the field of computer vision, and established the Multimedia Laboratory of the University of Chinese in Hong Kong in 2001.
In the two years after the establishment of SenseTime, almost all the top scientists in the field of artificial intelligence have gathered in SenseTime, and until now, the number of scientists and engineers of SenseTime is far greater than that of other AI companies in China, with more than 3500 people.
The AI giant brings together more than 40 professors, more than 250 PhDs, and more than two-thirds of its more than 5,000 employees are scientists and engineers.
In addition, SenseTime's welfare for technical talents is also substantial enough, with more than one billion yuan in salary expenditure alone every year, but the generous welfare benefits have also led to pressure on the company's operation.
According to the previous financial report released by SenseTime, from 2018 to the first half of 2021, SenseTime lost as much as 24.2 billion yuan, but the world's leading technical strength made SenseTime feel the pressure of funds at all.
From 2015 to before the listing, SenseTime experienced 12 rounds of financing, raising a total of $5.2 billion, which is the real reason for the survival of SenseTime, but in the short term, SenseTime still can't get rid of the dilemma of loss.
However, in the long run, as AI technology continues to mature, SenseTime, which occupies a technological advantage, is indeed more promising.
In order to enable technology to continuously achieve breakthroughs and gain a firm foothold in the field of AI, at the end of 2021, SenseTime was successfully listed on the Hong Kong Stock Exchange, with a market value of more than 100 billion, and now senseTime's total market value has reached more than HK$220 billion.
But even so, SenseTime still has great risks, because this company still does not have a product that can turn itself from loss to profit, and once the capital chooses to abandon, then SenseTime will also completely fail. What do you think about this, welcome to comment, like, share.