5F, Block B, Science and Technology Building,
Tsinghua Science Park, Haidian District,
Beijing
SenseTime
As the world’s leading deep learning platform developer, SenseTime (stock info) is dedicated to creating industry solutions via innovations in AI and big data analysis.
SenseTime Biometrics News
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… |
| Apr 26, 2019 | SenseTime to help build new Malaysia AI hub for speech recognition developmentMalaysian Prime Minister Mahathir Mohamad has approved the construction of a $1 billion artificial intelligence hub in the country in… |
| Mar 14, 2019 | SenseTime facial recognition deployed for payments, driver monitoring on Shanghai busesSenseTime and the Shanghai International Automobile City Group (SIACG) have been working together to improve SIACG’s shuttle bus service operations,… |
| Feb 18, 2019 | Face biometrics startups lead AI sector in attracting major investmentFacial recognition companies are leaders among the ranks of artificial intelligence startups attracting major investments, with SenseTime totaling $1.63 billion… |
| Jan 14, 2019 | IPO and $2B funding round could be coming for Chinese AI biometrics unicornsMegvii is considering making an initial public offering on the Hong Kong stock exchange to raise up to $1 billion… |
| Dec 10, 2018 | Real ID launches digital ID app tailored to Asia with SenseTime facial recognitionThe development of technologies for safeguarding digital identities is Asia has lagged behind the progress made in the U.S. and… |
| Dec 10, 2018 | Facial recognition competition heating up as Megvii reported in talks with Alibaba to raise $500MMegvii is seeking at least $500 million in new funding, and is in talks with Alibaba Group Holding Ltd. and… |
