--- title: "Understanding the Market | SENSETIME-W rose over 5% in the afternoon after reaching a strategic cooperation with Cambricon, focusing on the joint optimization of software and hardware" description: "SENSETIME-W rose over 5% in the afternoon, and as of the time of writing, it increased by 5.02%, trading at HKD 2.51, with a transaction volume of HKD 1.474 billion. In terms of news, SenseTime announ" type: "news" locale: "en" url: "https://longbridge.com/en/news/261181526.md" published_at: "2025-10-15T05:41:35.000Z" --- # Understanding the Market | SENSETIME-W rose over 5% in the afternoon after reaching a strategic cooperation with Cambricon, focusing on the joint optimization of software and hardware > SENSETIME-W rose over 5% in the afternoon, and as of the time of writing, it increased by 5.02%, trading at HKD 2.51, with a transaction volume of HKD 1.474 billion. In terms of news, SenseTime announced at noon that the company recently signed a strategic cooperation agreement with Cambricon Technology Corporation Limited (hereinafter referred to as "Cambricon") aimed at the new development stage, focusing on promoting joint optimization of software and hardware, and jointly building an open and win-win industrial ecosystem. Both parties will leverage their respective technological and industrial resource advantages to carry out multi-level, long-term deep cooperation in areas such as the construction of domestic artificial intelligence infrastructure, vertical business development, and technology going abroad, jointly creating a more forward-looking and inclusive AI development ecosystem. The company pointed out that this cooperation actively responds to the national "Artificial Intelligence +" strategic deployment, combining SenseTime's leading capabilities in large model research and development, artificial intelligence infrastructure platform construction, and industrial applications, along with Cambricon's deep accumulation in intelligent computing chips and computing power infrastructure, aiming to promote the formation of a new generation of artificial intelligence domestic development paradigm that coordinates software and hardware, and enhance the independent innovation capability and ecological influence of key links in artificial intelligence According to the Zhitong Finance APP, SenseTime-W (00020) rose over 5% in the afternoon, and as of the time of publication, it was up 5.02%, priced at HKD 2.51, with a trading volume of HKD 1.474 billion. In terms of news, SenseTime Technology announced at noon that it has recently signed a strategic cooperation agreement with Cambricon Technology Corporation Limited (hereinafter referred to as "Cambricon") aimed at the new development stage, focusing on promoting the joint optimization of software and hardware, and jointly building an open and win-win industrial ecosystem. Both parties will leverage their respective technological and industrial resource advantages to carry out multi-level, long-term in-depth cooperation around the construction of domestic artificial intelligence infrastructure, vertical business development, and technology going global, jointly building a more forward-looking and inclusive AI development ecosystem. The company pointed out that this cooperation actively responds to the national "Artificial Intelligence +" strategic deployment, combining SenseTime's leading capabilities in large model research and development, artificial intelligence infrastructure platform construction, and industrial applications, along with Cambricon's deep accumulation in intelligent computing chips and computing power infrastructure, aiming to promote the formation of a new generation of artificial intelligence domestic development paradigm that coordinates software and hardware, and to enhance the independent innovation capability and ecological influence of key links in artificial intelligence ### Related Stocks - [00020.HK - SENSETIME-W](https://longbridge.com/en/quote/00020.HK.md) - [688256.CN - Cambricon](https://longbridge.com/en/quote/688256.CN.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | SenseTime to Raise Nearly HK$3.2 Billion via Class B Share Placement | SenseTime to Raise Nearly HK$3.2 Billion via Class B Share Placement | [Link](https://longbridge.com/en/news/270094827.md) | | SenseTime Healthcare Launches New Financing Round Right After Raising Tens of Millions of US Dollars | SenseTime Healthcare, a Chinese AI medical solutions provider, has launched a new financing round after raising tens of | [Link](https://longbridge.com/en/news/266309030.md) | | Coforge Limited Advances EvolveOps.AI: Agentic AI-Powered IT Operations Platform for Mission Zero Resiliency from Edge to Cloud | Coforge Limited has announced advancements in EvolveOps.AI, an AI-powered IT operations management platform designed for | [Link](https://longbridge.com/en/news/276379288.md) | | AI And Robotics Could Disrupt Up To 20% Of Physical US Jobs: Exclusive | AI and robotics could disrupt up to 20% of U.S. jobs, particularly in transport and manufacturing, according to Oxford E | [Link](https://longbridge.com/en/news/276243475.md) | | AI Is Already Taking Jobs From Young US Workers, Fed's Michael Barr Warns | Federal Reserve Governor Michael S. 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