SenseTime 2024 interim report: revenue increased by 21%, generative AI business soared by 256%, and smart driving performed well

According to the interim report of SenseTime Group in the first half of 2024, its operating income reached 1.74 billion yuan, a year-on-year increase of 21%. Among them, the revenue of generative AI business increased significantly by 256%, accounting for 60%, becoming the dominant business. In the field of intelligent driving, the revenue of SenseTime "Jueying" doubled, and 705,000 new vehicles were delivered in mass production in the first half of the year.