March 26,SenseTime GroupThe company officially announced its full-year performance report ending December 31, 2023. In the past year, SenseTime Group has clearly positioned its business layout and establishedGenerative AI, traditional AI and smart cars.
Among them, the generative AI business has been given a strategically important position and has become the company's main development direction in the future. At the same time, the company also focuses on maintaining its dominant position in traditional AI business and smart car fields to ensure the steady development of the overall business.
It is worth mentioning that during the reporting period, SenseTime Group's generative AI business achieved explosive growth. The revenue of this business segment reached a staggering 1.2 billion yuan, which is not only the fastest speed for SenseTime Group to achieve a revenue of more than 1 billion yuan in the ten years since its establishment.New Business, and fully demonstrated the company's strong strength and market potential in the field of generative AI.
This achievement is inseparable from SenseTime Group's foresight and innovation in the strategic layout of AI infrastructure. The company has achieved industry-leading computing efficiency and flexibility, providing strong support for the rapid development of generative AI business. The total computing power scale of SenseCore, SenseTime's large-scale model infrastructure device, has increased to 12,000 petaFLOPS, and the number of operating GPUs has reached 45,000 cards.
In addition, SenseTime Group has also confirmed a new "model as a service" business model. This model allows customers to easily fine-tune and call various generative AI capabilities on large devices without having to build and manage the underlying infrastructure themselves. This innovative business model not only improves the customer experience, but also further broadens the company's market channels and business scope.
Dr. Xu Li, Executive Chairman and CEO of SenseTime Group, highly recognized the company's performance. He pointed out that in 2023, SenseTime's generative AI business achieved a rapid year-on-year growth of 200%, accounting for more than 35% of total revenue. Generative AI is not only a revolutionary innovation in the field of technology for SenseTime, but also a core business of the company. This achievement is due to the widespread demand for large model training and reasoning in various industries, heralding the official start of a new cycle of hard technology investment in China.