China’s Cambricon, SenseTime shares rise on self-reliance AI venture
PositiveFinancial Markets
Shares of China's Cambricon and SenseTime have surged following their announcement of a new venture focused on self-reliant artificial intelligence. This move is significant as it highlights China's commitment to advancing its technology sector and reducing reliance on foreign AI solutions. The rise in stock prices reflects investor confidence in the potential of homegrown innovations to compete on a global scale.
— Curated by the World Pulse Now AI Editorial System