SenseTime narrows losses, boosts AI growth

SenseTime posted H1 2025 revenue of RMB 2.4 billion, up 36% YoY, driven by 73% growth in generative AI, which now accounts for 77% of its sales. Adjusted net loss narrowed 50%, while trade receivable collections hit a record RMB 3.2 billion, up 96%. Cash reserves rose to RMB 13.2 billion.