SenseTime, a Chinese artificial intelligence company, released its financial report in September 2026, showing that its net profit for the first half of the year was 621.73 million yuan (about 92 million US dollars), achieving profitability. Against the backdrop of industry competition, CEO Xu Li and CFO Wang Zheng stated that the company is adjusting its strategic direction. Instead of blindly pursuing large model sizes, they focus on helping clients complete their business tasks, thereby creating a unique path to profitability.
“SenseTime, China’s leading artificial intelligence company, has achieved profitability. Its net profit for the first half of the year was 621.73 million yuan (92 million US dollars). Company executives said that they are exploring a unique path to profitability by helping clients complete their business tasks, rather than blindly pursuing large models. After the financial report released last week, CEO Xu Li and CFO Wang Zheng explained the specific direction of this strategic shift.”