China’s biometrics unicorns on the move as CloudWalk applies for $573M IPO
Chinese face biometrics and artificial intelligence solutions provider CloudWalk is working towards initial public offering on the Shanghai stock exchange…
CloudWalk Technology
Face and voice biometrics providers in China boosted by AI market growth, Megvii works on robot network
With $2.89 billion registered in 2019, IDC reports the AI software and application market in China is forecast to grow…
Chinese government and biometrics suppliers respond to U.S. Entity List expansion
State publication China Daily reports expert opinion that the addition of 33 new companies, including five biometrics providers, to the U.S….
Biometrics providers among Chinese companies added to U.S. Entity List for rights abuses
Biometrics firms are again prominent among new companies based in China added to the U.S. Government’s Entity List, restricting their…
CloudWalk raises $250M and plans IPO as biometrics firms flourish in China during pandemic response
CloudWalk has raised RMB 1.8 billion (US$254 million) in funding from a group of provincial and municipal funds in China to…
Universal Beijing to use facial recognition throughout theme park as CloudWalk VP urges privacy balance
Biometric facial recognition will be used throughout the new Universal Beijing theme park under a strategic partnership with Alibaba, Universal…
CloudWalk re-identification technology extends facial biometric tracking with improved accuracy
CloudWalk has developed re-identification technology that can track a person by clothing, hairstyle, and posture, to extend and supplement facial…
CloudWalk raises over $500 million to support AI and big data technology development
CloudWalk Technology has raised RMB 1 billion (US$140 million) in a Series B+ financing round to support research related to…
CloudWalk
CloudWalk Technology Co. Ltd. is a Guangzhou, China-based developer of facial recognition software.
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…
