 "SenseTime Group Inc. co-founder Tang Xiao’ou")
SenseTime Group Inc. co-founder Tang Xiao’ou has become one of the world’s richest people, after the Chinese AI champion blew past concerns about American sanctions to surge as much as 23% on its Hong Kong debut.
The Massachusetts Institute of Technology alum’s wealth has jumped by $300 million to roughly $3.7 billion after SenseTime ended Thursday 7.3% above its initial public offering price, according to the Bloomberg Billionaires Index.
SenseTime’s rip-roaring debut defied all expectations, particularly after a U.S. ban on American investors forced the AI company to first delay its IPO, then price its shares at the very bottom
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