According to Odaily, SenseTime Group has announced a placement of 1.667 billion new Class B shares at a price of HK$1.5 per share, aiming to raise approximately HK$25 billion. The company plans to use part of the net proceeds to explore the integration and application of artificial intelligence in innovative vertical fields. This includes, but is not limited to, developing embodied intelligent robots, blockchain, real-world assets (RWA), digital assets, and stablecoins, either independently or in collaboration with strategic partners. Additionally, the funds will be allocated for general operational purposes.

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