Reuters reported today that shares of Chinese AI champion SenseTime (商汤科技, HK:0020) surged as much as 11% in today’s morning trading session, a day after it unveiled its AI chatbot products and related technologies.
At a SenseTime Tech Day event yesterday, the firm’s co-founder and CEO Xu Li launched a large language model (LLM) patterned after ChatGPT.
SenseTime is among a number of Chinese tech companies to jump on the bandwagon of ChatGPT, the phenomenal generative AI tool from OpenAI.
According to Xu, who held a live demonstration, the model is capable of natural language generation, image generation, cognitive labelling and the development of a LLM model.
During the demonstration, Xu walked the attendees through a chatbot called “SenseChat,” which could write an email itself and tell a story about a cat catching a fish when prompted by questions.
The conversational AI tool also can script computer codes by itself.
Xu said the LLM behind “SenseChat” is built around the purpose to process information in Chinese or analyze the Chinese context.
According to media reports, SenseChat was born after SenseTime’s engineers fed hundreds of billions of datasets to a Natural Language Processing (NLP) model to train it.
This allows it to better understand and process Chinese prompts.
The chatbot also can play the role of a personal assistant. It helps developers write and run codes, provides tailored healthcare advice and extracts and summarizes information from PDF files with ease.
Xu, CEO of SenseTime, said at the event that the firm will open up SenseNova, the model behind “SenseChat,” to industrial partners.