China

 

IPO and $2B funding round could be coming for Chinese AI biometrics unicorns

Megvii is considering making an initial public offering on the Hong Kong stock exchange to raise up to $1 billion…

 

China appoints ethics committee amid artificial intelligence push

Artificial intelligence researcher Chen Xiaoping is leading a new AI ethics committee established in China to develop guidelines which address…

 

Chinese home-sharing company to trial facial recognition smart locks for rentals in Chengdu

Xiaozhu, a company providing similar services to Airbnb for the Chinese market, is rolling out smart locks with facial recognition…

 

IDEX announces biometric card partnership with Excelsecu

IDEX Biometrics today announced that it is collaborating with Shenzhen Excelsecu Data Technology Co. (Excelsecu) to develop battery-less dual-interface biometric…

 

RealNetworks’ SAFR facial recognition tech now available in China

RealNetworks has signed a strategic cooperation agreement with Shenzhen Homtar High-Tech Co. to bring its AI-based SAFR platform and facial…

 

Fingerprint Cards argues biometric cards are perfect complement to mobile payments in China

While smartphones are commonly used for payments in China, biometric payment cards can fill a significant and often-forgotten gap in…

 

Hong Kong and Tsinghua universities partner to support AI innovation

The University of Hong Kong (HKU) has formed a partnership with Beijing’s Tsinghua University to develop new technologies based on…

 

FPC, Feitian partner to launch biometric card integrating T-Shape module

Fingerprint Cards and Chinese user authentication and transaction security provider Feitian today announced a partnership that will see biometric technology…

 

Horizon Robotics raises up to $1 billion to address facial biometric and autonomous vehicle markets

Horizon Robotics has raised up to $1 billion in a Series B funding round which values the company at between…

 

Facial recognition system in China mistakes bus ad for jaywalker

A system deployed by the Chinese government to identify jaywalkers, reportedly using real-time facial recognition, has mistakenly identified a celebrity…

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