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SenseTime
As the world’s leading deep learning platform developer, SenseTime is dedicated to creating industry solutions via innovations in AI and big data analysis.
SenseTime Biometrics News
Biometrics giant SenseTime rumored to be planning Shanghai IPO at $10B valuation
Just days after SenseTime and other Chinese biometric facial recognition leaders were reported to be recovering well from the effects…
| Jul 29, 2020 | Biometrics unicorns Megvii and SenseTime’s revenues reportedly bounced back from Entity List impactTop Chinese biometrics unicorns Megvii and SenseTime are not experiencing prolonged difficulty raising funds or winning foreign contracts despite the blocks put… |
| Jul 2, 2020 | Chinese researchers take top honors in cartoon face recognition challengeA Chinese entertainment company last week announced the winners of its challenge to write biometric algorithm models that can detect… |
| Jun 23, 2020 | Face and voice biometrics providers in China boosted by AI market growth, Megvii works on robot networkWith $2.89 billion registered in 2019, IDC reports the AI software and application market in China is forecast to grow… |
| Jun 2, 2020 | Trust Stamp to file for €29M IPO in Ireland, delayed SenseTime offering may face long waitAn authentication and a biometrics provider have each been planning initial public offerings on different continents, but one is expected… |
| May 15, 2020 | CloudWalk raises $250M and plans IPO as biometrics firms flourish in China during pandemic responseCloudWalk has raised RMB 1.8 billion (US$254 million) in funding from a group of provincial and municipal funds in China to… |
| Mar 23, 2020 | Biometric checks and facial recognition payments to support social distancing, fight spread of covid-19(Image of Ver-ID courtesy of Applied Recognition) Face biometrics continue to be implemented around the world to support social distancing… |
| Mar 18, 2020 | SenseTime postpones plan for potential blockbuster biometrics IPO, seeks private fundingSenseTime has decided to postpone its Hong Kong IPO of up to $750 million following the global aftermath of the… |
| Feb 11, 2020 | LG CNS collaborates with SenseTime on biometric entry service unaffected by masksLG subsidiary LG CNS announced it has deployed artificial intelligence-based biometric facial recognition technology from Chinese company SenseTime on 26… |
| Feb 10, 2020 | SenseTime develops biometric identification system for masked faces as Chinese companies adapt to crisisThe Coronavirus outbreak is providing challenges for Chinese authorities that may also be opportunities for biometrics companies like SenseTime and… |
| Dec 9, 2019 | SenseTime forecasts facial recognition revenue increase despite U.S. banDespite being included on the U.S. Government’s Entity List alongside 27 other tech companies, SenseTime is rumored to register some… |
| Nov 28, 2019 | SenseTime to lead Chinese working group setting facial biometrics standardsA national-level working group led by SenseTime has convened in China to set standards for biometric facial recognition, as privacy… |
| Oct 9, 2019 | Goldman Sachs reconsiders support of Megvii IPO, MIT reevaluates SenseTime linkMegvii IPO sponsor Goldman Sachs Group has decided to reconsider its role in the biometrics unicorn’s initial public offering, after… |
| Oct 8, 2019 | U.S. drops Entity List hammer on Chinese facial recognition unicorns and biometrics providersThe U.S. Government has added 28 organizations to its Entity List, banning major biometrics companies including Dahua, Hikvision, iFlytek, Megvii,… |
| Sep 30, 2019 | Sensetime partners with China Tower for massive biometric video surveillance networkSensetime has formed a partnership with network infrastructure provider China Tower to implement a massive video surveillance network with biometric… |
| Sep 13, 2019 | High traffic identification tops this week’s biometrics and digital ID newsProgress in Nigeria and in airport biometrics systems make up several of the most popular articles on Biometric Update this… |
| Sep 5, 2019 | Facial recognition giants unveil new technologies at World AI ConferenceFacial biometrics unicorn SenseTime is opening a new Chinese headquarters in Shanghai, the company announced at the World Artificial Intelligence… |
| Aug 23, 2019 | Facial recognition solutions from SenseTime, Google, and others offered for diverse applicationsBiometric facial recognition is being deployed to a new group of devices, customers, and software solutions with use cases ranging… |
| Jul 26, 2019 | SenseTime to build regional AI R&D hub in Abu DhabiSenseTime is opening a regional headquarters for research and development into AI technologies, possibly including biometric facial recognition, in Abu… |
| Jul 4, 2019 | Tencent and SenseTime executives join Malaysian sovereign wealth fund boardExecutives from Tencent Holdings and biometric facial recognition unicorn SenseTime have been appointed to the Board of Directors of Malaysian… |
