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BTCC / BTCC Square / Global Cryptocurrency /
SenseTime Downsizes Singapore Office Amid Post-ChatGPT Challenges

SenseTime Downsizes Singapore Office Amid Post-ChatGPT Challenges

Author:
Global Cryptocurrency
Published:
2025-01-03 13:05:02
0
0
SenseTime, an AI company, has decided to downsize its Singapore office from a 11,000 sq ft space in Frasers Tower to a smaller location. This move comes as the company faces challenges in the post-ChatGPT era and adjusts its focus to generative AI services. The decision also reflects the current economic climate, with China's economy sagging and Singapore's prime office market adjusting to lower demand from major Chinese companies. SenseTime's repositioning is part of a wider restructuring effort and faces competition from startups such as Moonshot AI and Zhipu.

|Square

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