Global market for facial recognition devices to surpass $7 billion by 2025, led by CloudWalk
China will dominate the global market for facial recognition devices, with a 44.59 percent share by 2023, as CloudWalk leads…
China
Facial recognition system deployed at Hong Kong-Shenzhen border
Chinese authorities have installed facial recognition systems at two border checkpoints between Hong Kong and Shenzhen to catch people transporting…
Facial recognition unicorns SenseTime and Megvii raising combined $1.6B
Investment capital continues to pour into Chinese facial recognition firms, as Bloomberg reports that SenseTime could receive nearly $1 billion…
Yitu and Sensetime bid on facial recognition contract for new Beijing airport
Yitu and SenseTime are preparing bids to provide facial recognition to Beijing’s new $12 billion airport, South China Morning Post…
Hikvision providing nearly one thousand facial recognition cameras for surveillance system in Xinjiang
Hikvision is supplying nearly one thousand facial recognition cameras to the Chinese government to be installed at the entrances of…
YITU Technology
We are pioneers of artificial intelligence research and innovation. YITU Technology integrates state-of-the-art AI technology business applications to build a…
YITU picks up $100M in new funding round
Chinese facial recognition software developer YITU Technology has received a new C+ round investment of US$100 million from China Industrial…
Megvii
Megvii Technology Limited operates a face detection, recognition, and analysis platform for Websites, mobile applications, and smart televisions. It offers…
MIT Technology Review honors Megvii founder
Megvii founder Yin Qi has been named to the MIT Technology Review Innovators Under 35 2018 list in the Entrepreneurs…
Telpo biometric terminal secures China’s national college entrance exams
The National College Entrance Examination (NCEE), commonly known as Gaokao, is an academic exam held annually in the People’s Republic…
