Megvii

 

Megvii cleared of supplying biometrics for Chinese surveillance app but may still delay IPO

Biometric facial recognition technology from Megvii’s Face++ was not in fact used in the Integrated Joint Operations Platform (IJOP) used…

 

U.S. considers blacklisting Megvii, Hikvision and other Chinese biometric companies

Hikvision, Megvii, and other Chinese biometric companies could soon be blocked from acquiring components and software from American suppliers by…

 

Mix of politics in U.S and UK with investment in biometrics draws concern and criticism

A pair of biometrics companies are receiving attention for the political connections of investors. Two investors who run private equity…

 

Megvii raises $750M to expand facial biometrics business ahead of reported Hong Kong IPO

Megvii has raised $750 million, giving the Face++ biometric facial recognition-maker a valuation of just over $4 billion ahead of…

 

Megvii accused of providing facial biometrics for repressive Chinese surveillance system

Human Rights Watch has identified Megvii’s Face++ as a supplier of biometric facial recognition technology for a mobile app used…

 

Chinese facial recognition unicorn Megvii reportedly considering IPO on New York Stock Exchange

Megvii is considering its options for an initial public offering which could bring in up to $800 million to support…

 

Face biometrics startups lead AI sector in attracting major investment

Facial recognition companies are leaders among the ranks of artificial intelligence startups attracting major investments, with SenseTime totaling $1.63 billion…

 

Megvii moves into logistics with AI-powered IoT platform

Megvii has launched an IoT platform powered by artificial intelligence to enable the operation of multiple robotic systems at the…

 

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…

 

Megvii demos facial biometrics for Android devices at CES debut

Megvii is demonstrating its AI Face Unlocking technology for secure mobile device unlocking and payments with facial biometrics in its…

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