SenseTime's performance report for the first half of 2024 showcases strong capabilities in the AI sector, particularly with a 256% year-over-year growth in its generative AI business, which for the first time surpassed traditional AI, accounting for 60% of total revenue. Total revenue reached 1.74 billion yuan, a 21% increase year-over-year, although the net loss was 2.47 billion yuan, with the loss margin narrowed by 21% compared to the previous year. The impressive performance of the generative AI business marks a strategic shift in the company's focus, with significant technical strength as its large model 'Ri Ri Xin' outperformed GPT-4Tu in several evaluations.