Tech Insider: SenseTime Lays Off More Workers, XPeng’s Stock Soars on Didi Deal

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AI software developer SenseTime has been gradually cutting positions while slowing hiring in recent months. Photo: VCG

Welcome to Caixin’s Tech Insider, your twice-weekly wrap on the movers, shakers and deal-makers in China’s tech scene.

AI specialist SenseTime is laying off workers again, sources say

Chinese artificial intelligence (AI) software developer SenseTime Group Inc. is again laying off workers as it struggles to stem a tide of red ink, current and former employees told Caixin.

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