Woofun AI reports that SenseTime founder Tang Jie issued an internal letter titled "The Giant Wave Has Arrived", outlining a strategic pivot toward Long Horizon Tasks, Autonomous Agents, Self-Evolving systems, and AGI. The announcement introduces the "Touch High" plan for the upcoming two years, explicitly stating that short-term monetization is not the primary objective.

Despite AI Coding driving recent commercialization and valuation growth, the memo largely omits references to coding capabilities. Instead, the company reinforces its positioning as an AGI infrastructure provider. Analysts suggest this narrative shift aims to prevent valuation based on traditional SaaS metrics like revenue and ARR, aligning instead with long-term technological expectations amid broader market shifts in AI company valuations.