{"id":135586,"date":"2025-09-01T01:00:13","date_gmt":"2025-09-01T01:00:13","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=135586"},"modified":"2025-09-01T01:00:13","modified_gmt":"2025-09-01T01:00:13","slug":"sensetime-on-fast-track-to-profitability-thanks-to-spin-offs-beijing-support","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=135586","title":{"rendered":"SenseTime on fast track to profitability thanks to spin-offs, Beijing support"},"content":{"rendered":"<p>Source: Tech &#8211; South China Morning PostChinese artificial intelligence (AI) powerhouse SenseTime is on a fast track to turn a profit thanks to its strategy of spinning off noncore operations as well as support from Beijing, CEO Xu Li said.<br \/>\nIn an interview with the Post on Friday, Xu said SenseTime\u2019s 1+X strategy, where \u201c1\u201d refers to its core AI business and \u201cX\u201d encompasses other ventures, is paying off as the company\u2019s first-half adjusted loss narrowed by 50 per cent from a year earlier.<br \/>\n\u201cThe speed of narrowing losses will only&#8230;<a href=\"https:\/\/www.scmp.com\/tech\/big-tech\/article\/3323808\/china-ai-firm-sensetime-fast-track-profitability-thanks-spin-offs-beijing-support?utm_source=rss_feed\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Tech &#8211; South China Morning PostChinese artificial intelligence (AI) powerhouse SenseTime is on a fast track to turn a profit thanks to its strategy of spinning off noncore operations&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/135586"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=135586"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/135586\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=135586"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=135586"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=135586"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}