Chinese AI firm SenseTime denies research firm Grizzly’s claim it inflated its revenue

News Snapshot:

The booth for Chinese artificial intelligence company Sensetime demonstrates its AI generated images during the World AI Conference in Shanghai, Wednesday, July 5, 2023. SenseTime, a major Chinese artificial intelligence company known for its facial recognition technology, has rejected claims by a research company that it has inflated its revenue. (AP Photo/Ng Han Guan) HONG KONG – SenseTime, a major Chinese artificial intelligence company, has rejected claims by a research company that it has falsely inflated its revenue. “(SenseTime) believes the report is without merit and contains unfounded allegations and misleading conclusions and interpretations,” the company said in a notice...