SenseTime-W launches a 600 billion parameter large model "RiRiXin 5.0", resumes trading on April 25th
SenseTime-W has announced the launch of the 600 billion parameter large model "RiRiXin 5.0" and resumed trading on April 25th. This model has made significant improvements in knowledge, mathematics, reasoning, and coding capabilities, and is fully benchmarked against GPT-4Turbo. In addition, SenseTime-W has also released an industry large model integrated machine version and a mobile end-side large model SDK version. The board of directors has noticed abnormal fluctuations in the trading price and volume of Class B shares, but the specific reasons are unknown
According to the news from Zhitong Finance and Economics APP, SenseTime-W (00020) announced that on April 23, 2024, the company held a technical exchange day event at the Shanghai Lingang AIDC. During the event, the company launched a 600 billion parameter large model "RiRiXin 5.0", which significantly improved knowledge, mathematics, reasoning, and coding capabilities, comprehensively benchmarking against GPT-4Turbo. At the same time, the company introduced an industry large model all-in-one version and a mobile end large model SDK version. The company has applied to the Stock Exchange for the resumption of trading of Class B shares at 9:00 am on April 25, 2024.
The announcement stated that the Board of Directors noted the recent unusual fluctuations in the trading price and volume of Class B shares. In addition to the above disclosure, the Board of Directors is not aware of any reasons for the price and volume changes or any material information that needs to be disclosed to avoid any false market of the company's securities or any insider information that needs to be disclosed in accordance with Chapter 571 of the Securities and Futures Ordinance of Hong Kong