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China AI firm SenseTime reportedly cutting back on Singapore office space
The Straits Times
|January 04, 2025
Move underscores how pioneer is grappling with new rivals in a crowded AI industry
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SenseTime Group is reducing its office footprint in Singapore, scaling back once-lofty ambitions at a time it is struggling to compete in the post-ChatGPT era.
The Chinese artificial intelligence (AI) pioneer is moving from a prime downtown location to a smaller office in a less expensive neighbourhood, people familiar with the matter said.
The company is giving up a roughly 11,000 sq ft space in Frasers Tower in Cecil Street for a less central building, the people said, asking to remain unidentified discussing private decisions.
Representatives for the company in Singapore did not respond to requests for comment.
Denne historien er fra January 04, 2025-utgaven av The Straits Times.
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