{"id":30668,"date":"2024-10-18T10:29:00","date_gmt":"2024-10-18T10:29:00","guid":{"rendered":"https:\/\/www.prnasia.com\/story\/archive\/4534631_AE34631_0"},"modified":"2024-10-18T10:29:00","modified_gmt":"2024-10-18T10:29:00","slug":"sensetime-celebrates-a-decade-of-innovation-at-the-sensetime-10th-anniversary-global-ai-summit-2024","status":"publish","type":"post","link":"https:\/\/transmediavictoria.net.au\/?p=30668","title":{"rendered":"SenseTime Celebrates a Decade of Innovation at the SenseTime 10th Anniversary Global AI Summit 2024"},"content":{"rendered":"<table name=\"logo_release\" border=\"0\" cellspacing=\"10\" cellpadding=\"5\" align=\"right\">\n<tbody>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/2335108\/SenseTime_logo.jpg?p=medium600\" border=\"0\" alt title=\"logo\" hspace=\"0\" vspace=\"0\" width=\"118\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p class=\"prntac\"><b>Pioneers&nbsp;the Next Chapter&nbsp;in&nbsp;AI Development&nbsp;&nbsp;<\/b><\/p>\n<p class=\"prntac\"><b>Honouring&nbsp;the Late Professor Tang Xiao&#8217;ou&#8217;s Vision for Nurturing the Ecosystem<\/b><\/p>\n<p><span class=\"legendSpanClass\"><span class=\"xn-location\">HONG KONG<\/span><\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Oct. 18, 2024<\/span><\/span> \/PRNewswire\/ &#8212; SenseTime co-organised the SenseTime 10<sup>th<\/sup> Anniversary Global AI Summit with the Hong Kong Science and Technology Parks Corporation, with InvestHK as a strategic partner&nbsp;on <span class=\"xn-chron\">October 17<\/span>. The Summit brought industry leaders, government officials, and AI experts to discuss the next decade of innovation. With the theme &#8220;Empowering Inclusive Innovation for the AI 2.0 Era&#8221;, the Summit highlighted SenseTime&#8217;s journey from an academic startup to a leading global AI company. Approximately&nbsp;300 international guests were in attendance, underscoring the Summit&#8217;s significance for <span class=\"xn-location\">Hong Kong&#8217;s<\/span> role as a regional hub for technology and innovation. These guests included:<\/p>\n<ul type=\"disc\">\n<li>Ms. <span class=\"xn-person\">Cheong Man Lei<\/span>, Lillian, Under Secretary for Innovation, Technology and Industry, HKSAR<\/li>\n<li>Ms. Bonnie Y Chan, CEO, Hong Kong Exchanges and Clearing Limited<\/li>\n<li>Dr. <span class=\"xn-person\">Sunny Chai<\/span>, Chairman, Hong Kong Science and Technology Parks Corporation<\/li>\n<li>Prof.&nbsp;Chan&nbsp;Kam&nbsp;Leung&nbsp;Alan,&nbsp;Provost, The <span class=\"xn-org\">Chinese University of Hong Kong<\/span><\/li>\n<li>Mr. <span class=\"xn-person\">Andy Wong<\/span>, Head of Innovation and Technology, InvestHK<\/li>\n<\/ul>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder7034\" readability=\"22\">\n<p><a href=\"https:\/\/mma.prnasia.com\/media2\/2534511\/From_left_right__Prof_Chan_Kam_Leung_Alan_Provost_The.html\" target=\"_blank\" rel=\"nofollow noopener\"><img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/2534511\/From_left_right__Prof_Chan_Kam_Leung_Alan_Provost_The.jpg?p=medium600\" title=\"(From left to right) Prof. Chan Kam Leung Alan, Provost, The Chinese University of Hong Kong; Dr. Sunny Chai, Chairman, Hong Kong Science and Technology Parks Corporation; Ms. Cheong Man Lei, Lillian, Under Secretary for Innovation, Technology and Industry, HKSAR; Ms. Bonnie Y Chan, CEO, Hong Kong Exchanges and Clearing Limited; Dr. Xu Li, Chairman of the Board and CEO, SenseTime.\" alt=\"(From left to right) Prof. Chan Kam Leung Alan, Provost, The Chinese University of Hong Kong; Dr. Sunny Chai, Chairman, Hong Kong Science and Technology Parks Corporation; Ms. Cheong Man Lei, Lillian, Under Secretary for Innovation, Technology and Industry, HKSAR; Ms. Bonnie Y Chan, CEO, Hong Kong Exchanges and Clearing Limited; Dr. Xu Li, Chairman of the Board and CEO, SenseTime.\"><\/a><br \/><span>(From left to right) Prof. Chan Kam Leung Alan, Provost, The Chinese University of Hong Kong; Dr. Sunny Chai, Chairman, Hong Kong Science and Technology Parks Corporation; Ms. Cheong Man Lei, Lillian, Under Secretary for Innovation, Technology and Industry, HKSAR; Ms. Bonnie Y Chan, CEO, Hong Kong Exchanges and Clearing Limited; Dr. Xu Li, Chairman of the Board and CEO, SenseTime.<\/span><\/p>\n<\/p><\/div>\n<p><b>Ms. <span class=\"xn-person\">Cheong Man Lei<\/span>, Lil<\/b><b>l<\/b><b>ian, Under Secretary for Innovation, Technology and Industry, HKSAR<\/b>, said, &#8220;We are pleased to learn the continued efforts of SenseTime dedicated to developing original AI algorithms which will help address real-world challenges. Likewise, the HKSAR Government adopts an all-round strategy to develop the AI ecosystem. As pointed out in this year&#8217;s Policy Address, through the digital government and smart city initiatives as well as the HKD <span class=\"xn-money\">$10 billion<\/span> I&amp;T Industry-Oriented Fund, we will join hands with the industry, academia, research, and investment sectors to drive innovation in the AI field.&#8221;<\/p>\n<p><b>Dr. <span class=\"xn-person\">Sunny Chai<\/span>, Chairman, Hong Kong Science and Technology Parks Corporation<\/b>, said, &#8220;I am extremely grateful to witness SenseTime&#8217;s every significant moment and support its innovation and technology journey. Its growth into <span class=\"xn-location\">Asia&#8217;s<\/span> largest AI software company showcases <span class=\"xn-location\">Hong Kong&#8217;s<\/span> capability to develop world-class technology enterprises. HKSTP is committed to strengthening support for fostering innovation at every level\u2014from startups to established tech giants. We will continue to uphold <span class=\"xn-location\">Hong Kong&#8217;s<\/span> leadership in technological innovation and support the national goal of amplifying &#8216;New Quality Productive Forces&#8217;. Let&#8217;s continue to innovate and collaborate across borders, and shape a sustainable future filled with AI potential and opportunities for everyone.&#8221;<\/p>\n<p><b>Mr. <span class=\"xn-person\">Andy Wong<\/span>, Head of Innovation and Technology, InvestHK<\/b>,&nbsp;also said, &#8220;Congratulations to SenseTime on their 10th anniversary in <span class=\"xn-location\">Hong Kong<\/span>. We are proud to have a global leading AI solution provider that calls <span class=\"xn-location\">Hong Kong<\/span> home.&#8221;<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder7121\" readability=\"9\">\n<p><a href=\"https:\/\/mma.prnasia.com\/media2\/2534512\/Dr_Xu_Li_Chairman_Board_CEO_SenseTime.html\" target=\"_blank\" rel=\"nofollow noopener\"><img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/2534512\/Dr_Xu_Li_Chairman_Board_CEO_SenseTime.jpg?p=medium600\" title=\"Dr. Xu Li, Chairman of the Board and CEO, SenseTime\" alt=\"Dr. Xu Li, Chairman of the Board and CEO, SenseTime\"><\/a><br \/><span>Dr. Xu Li, Chairman of the Board and CEO, SenseTime<\/span><\/p>\n<\/p><\/div>\n<p>In the past decade, artificial intelligence technology has evolved from its initial stage to become the focal point of the global technology industry.&nbsp;<b>Dr. <span class=\"xn-person\">Xu Li<\/span>, <\/b><b>Chairman <\/b><b>of the Board <\/b><b>and CEO <\/b><b>of SenseTime<\/b>,&nbsp;said, &#8220;As we forge ahead towards the AI 2.0 era, SenseTime is committed to driving a new phase of innovation, built on a foundation of robust digital infrastructure, advanced models, and real-world applications. Our focus will be on harnessing the transformative power of AI to boost productivity and empower industries through our large models, while ensuring that our advancements contribute to sustainable progress and create meaningful benefits for society as a whole. We remain dedicated to expanding the horizons of AI, making it accessible, inclusive, and impactful for the future.&#8221;<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder9431\" readability=\"9\">\n<p><a href=\"https:\/\/mma.prnasia.com\/media2\/2534513\/Approximately_300_distinguished_guests_attended_event_underscoring_Summit_s_significance_Hong.html\" target=\"_blank\" rel=\"nofollow noopener\"><img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/2534513\/Approximately_300_distinguished_guests_attended_event_underscoring_Summit_s_significance_Hong.jpg?p=medium600\" title=\"Approximately 300 distinguished guests attended the event, underscoring the Summit\u2019s significance for Hong Kong\u2019s role as a regional hub for technology and innovation.\" alt=\"Approximately 300 distinguished guests attended the event, underscoring the Summit\u2019s significance for Hong Kong\u2019s role as a regional hub for technology and innovation.\"><\/a><br \/><span>Approximately 300 distinguished guests attended the event, underscoring the Summit\u2019s significance for Hong Kong\u2019s role as a regional hub for technology and innovation.<\/span><\/p>\n<\/p><\/div>\n<p><b>Global<\/b><b>&nbsp;AI Development<\/b><b>s<\/b><b>: Transforming Industries and Infrastructure<\/b><\/p>\n<p>The Summit featured seven thematic panels on topics ranging from the role of AI in business transformation to ethical governance. These discussions highlighted how AI-driven technologies are reshaping industries across the globe, with a particular emphasis on opportunities in <span class=\"xn-location\">Asia Pacific<\/span> and the <span class=\"xn-location\">Middle East<\/span>.<\/p>\n<p>Among these discussions was the panel on &#8220;Reinventing Industries with AI: Driving Business Transformation Across APAC&#8221;, which highlighted key aspects of AI adoption across various industries and regions. The panel explored the diverse AI landscape and its seamless integration into vertical industries, focusing on successful applications in sectors like real estate and finance. Overall, the panel advocated the responsible and innovative use of AI across the <span class=\"xn-location\">Asia-Pacific<\/span> region, while stressing the need for a forward-thinking and sustainable.&nbsp;As SenseTime sees significant growth potential in the <span class=\"xn-location\">Asia-Pacific<\/span> region, it has also been collaborating with&nbsp;partners across the region&nbsp;to support the digital transformations of these industries through&nbsp;AI. This includes the provision of localised&nbsp;large models that cater to the community&#8217;s&nbsp;cultures and languages to meet their specific needs.<\/p>\n<p>In another key area of discussion, the panel on &#8220;AI-Driven Urban Transformation: Building Connected and Intelligent Cities Across Hong Kong and the <span class=\"xn-location\">Middle East<\/span>&#8221; focused on the use of AI to strengthen digital infrastructures in the <span class=\"xn-location\">Middle East<\/span> and <span class=\"xn-location\">Hong Kong<\/span>, particularly in enhancing the overall tourism and visitor experience. The panelists emphasised that the successful integration of AI into business&nbsp;operations hinges on leveraging AI-powered insights and advanced analytical capabilities, which enable more informed decision-making and drive impactful results.&nbsp;SenseTime has worked with clients in the <span class=\"xn-location\">Middle East<\/span> to develop localised AI solutions in areas such as &nbsp;digital entertainment, smart buildings, smart parking, and intelligent offices, and has established AI research labs to nurture local talent and drive AI development in the region.<\/p>\n<p><b>Nurtu<\/b><b>ring<\/b><b>&nbsp;the Next Generation of Innovators in AI<\/b><\/p>\n<p>Two notable segments&nbsp;focused on nurturing the next generation of innovators in AI and catalyzing innovation in <span class=\"xn-location\">Hong Kong<\/span> while honoring Professor Tang Xiao&#8217;ou, SenseTime&#8217;s late founder, who played a pivotal role in shaping the company&#8217;s mission to create a better AI-powered future through innovation. In the Summit&#8217;s opening panel, Dr.&nbsp;Lin Dahua, Co-founder, SenseTime,&nbsp;and other distinguished academics who crossed paths with Professor Tang reflected on his commitment to nurturing AI talent,&nbsp;and his vision for AI as a transformative force for society.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder9656\" readability=\"16\">\n<p><a href=\"https:\/\/mma.prnasia.com\/media2\/2534514\/From_left_right__Mr_Albert_Wong_CEO_Hong_Kong_Science.html\" target=\"_blank\" rel=\"nofollow noopener\"><img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/2534514\/From_left_right__Mr_Albert_Wong_CEO_Hong_Kong_Science.jpg?p=medium600\" title=\"(From left to right) Mr. Albert Wong, CEO, Hong Kong Science and Technology Parks Corporation; Ms. Cindy Chow, Executive Director and CEO, Alibaba Hong Kong Entrepreneurs Fund; Dr. Xu Li, Chairman of the Board and CEO of SenseTime; Ms. Lien Hui Luen, Deputy General Manager, SenseTime Hong Kong.\" alt=\"(From left to right) Mr. Albert Wong, CEO, Hong Kong Science and Technology Parks Corporation; Ms. Cindy Chow, Executive Director and CEO, Alibaba Hong Kong Entrepreneurs Fund; Dr. Xu Li, Chairman of the Board and CEO of SenseTime; Ms. Lien Hui Luen, Deputy General Manager, SenseTime Hong Kong.\"><\/a><br \/><span>(From left to right) Mr. Albert Wong, CEO, Hong Kong Science and Technology Parks Corporation; Ms. Cindy Chow, Executive Director and CEO, Alibaba Hong Kong Entrepreneurs Fund; Dr. Xu Li, Chairman of the Board and CEO of SenseTime; Ms. Lien Hui Luen, Deputy General Manager, SenseTime Hong Kong.<\/span><\/p>\n<\/p><\/div>\n<p>The Summit concluded with a fireside chat, &#8220;Catalyzing Innovation: Elevating Hong Kong&#8217;s Collaborative Leadership in the Global Innovation Ecosystem,&#8221; featuring Ms. <span class=\"xn-person\">Cindy Chow<\/span> from the Alibaba Hong Kong Entrepreneurs Fund, Mr. <span class=\"xn-person\">Albert Wong<\/span> from the Hong Kong Science and Technology Parks Corporation, and Dr. <span class=\"xn-person\">Xu Li<\/span>. This discussion underscored Professor&#8217;s Tang&#8217;s influence on <span class=\"xn-location\">Hong Kong&#8217;s<\/span> innovation landscape and his legacy of translating research into AI solutions that address societal challenges.<\/p>\n<p><b>Looking Ahead: The Next Decade of AI <\/b><\/p>\n<p>As SenseTime embarks on its next chapter, the company remains steadfast in its mission to harness AI for societal benefit and drive sustainable development across industries. This 10<sup>th<\/sup> anniversary is not only a commemoration of past achievements, but also a renewed commitment to fostering collaborations that accelerate AI&#8217;s potential to solve real-world challenges, improving lives and building a more interconnected future. Through continuous innovation and partnerships, SenseTime aims to remain at the very forefront of the AI 2.0 era, shaping a world where technology empowers inclusive and sustainable progress.<\/p>\n<p><b>About<\/b> <b>SenseTime<\/b><\/p>\n<p>SenseTime is a leading AI software company focused on creating a better AI-empowered future through innovation. We are committed to advancing the state of the art in AI research, developing scalable and affordable AI software platforms that benefit businesses, people and society as a whole, while attracting and nurturing top talents to shape the future together.<\/p>\n<p>With our roots in the academic world, we invest in our original and cutting-edge research that allows us to offer and continuously improve industry-leading AI capabilities in universal multimodal and multi-task models, covering key fields across perception intelligence, natural language processing, decision intelligence, AI-enabled content generation, as well as key capabilities in AI chips, sensors and computing infrastructure. Our proprietary AI infrastructure, SenseCore, integrates computing power, algorithms, and platforms, enabling us to build the &#8220;SenseNova&#8221; foundation model sets and R&amp;D system that unlocks the ability to perform general\u202fAI tasks\u202fat low cost and with high efficiency. Our technologies are trusted by customers and partners in many industry verticals including Generative AI, Traditional AI and Smart Auto.<\/p>\n<p>SenseTime has been actively involved in the development of national and international industry standards on data security, privacy protection, ethical and sustainable AI, working closely with multiple domestic and multilateral institutions on ethical and sustainable AI development. SenseTime was the only AI company in <span class=\"xn-location\">Asia<\/span> to have its Code of Ethics for AI Sustainable Development selected by the United Nations as one of the key publication references in the United Nations Resource Guide on AI Strategies published in <span class=\"xn-chron\">June 2021<\/span>.<\/p>\n<p>SenseTime Group Inc. has successfully listed on the Main Board of the Stock Exchange of Hong Kong Limited (HKEX). We have offices in markets including <span class=\"xn-location\">Hong Kong<\/span>, Mainland China, <span class=\"xn-location\">Macau<\/span>, <span class=\"xn-location\">Japan<\/span>, <span class=\"xn-location\">Singapore<\/span>, <span class=\"xn-location\">Saudi Arabia<\/span>, the <span class=\"xn-location\">United Arab Emirates<\/span>, <span class=\"xn-location\">Malaysia<\/span> and <span class=\"xn-location\">South Korea<\/span>, etc., as well as presence in <span class=\"xn-location\">Germany<\/span>, <span class=\"xn-location\">Thailand<\/span>, <span class=\"xn-location\">Indonesia<\/span> and <span class=\"xn-location\">the Philippines<\/span>. For more information, please visit SenseTime&#8217;s official <a href=\"https:\/\/www.sensetime.com\/en\/\" target=\"_blank\" rel=\"nofollow noopener\">website<\/a> or <a href=\"https:\/\/www.linkedin.com\/company\/sensetime-group-limited\/\" target=\"_blank\" rel=\"nofollow noopener\">LinkedIn<\/a>, <a href=\"https:\/\/twitter.com\/SenseTime_AI\" target=\"_blank\" rel=\"nofollow noopener\">X<\/a>, <a href=\"https:\/\/www.facebook.com\/sensetimegroup\/\" target=\"_blank\" rel=\"nofollow noopener\">Facebook<\/a> and&nbsp;<a href=\"https:\/\/www.youtube.com\/channel\/UC0l24gcyzChsTXod3Phf-Bg\" target=\"_blank\" rel=\"nofollow noopener\">Youtube&nbsp;<\/a>pages.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pioneers&nbsp;the Next Chapter&nbsp;in&nbsp;AI Development&nbsp;&nbsp; Honouring&nbsp;the Late Professor Tang Xiao&#8217;ou&#8217;s Vision for Nurturing the Ecosystem HONG KONG, Oct. 18, 2024 \/PRNewswire\/ &#8212; SenseTime co-organised the SenseTime 10th Anniversary Global AI Summit with the Hong Kong Science and Technology Parks Corporation, with InvestHK as a strategic partner&nbsp;on October 17. The Summit brought industry leaders, government officials, and [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":30669,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-30668","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SenseTime Celebrates a Decade of Innovation at the SenseTime 10th Anniversary Global AI Summit 2024 - My Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/transmediavictoria.net.au\/?p=30668\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SenseTime Celebrates a Decade of Innovation at the SenseTime 10th Anniversary Global AI Summit 2024 - My Blog\" \/>\n<meta property=\"og:description\" content=\"Pioneers&nbsp;the Next Chapter&nbsp;in&nbsp;AI Development&nbsp;&nbsp; Honouring&nbsp;the Late Professor Tang Xiao&#8217;ou&#8217;s Vision for Nurturing the Ecosystem HONG KONG, Oct. 18, 2024 \/PRNewswire\/ &#8212; SenseTime co-organised the SenseTime 10th Anniversary Global AI Summit with the Hong Kong Science and Technology Parks Corporation, with InvestHK as a strategic partner&nbsp;on October 17. 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