Megvii still wants IPO; execs filing $840M offering
Having unsuccessfully tried twice before to float an IPO, Chinese AI and biometrics firm Megvii is preparing its third try,…
Megvii
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Newer algorithms join incumbent facial recognition developers among accuracy leaders
A series of new facial recognition algorithms submitted to the U.S. National Institute of Standards and Technology for its Face…
US mulls ban on tech investing in China; past efforts already bruised it
President Biden and the U.S. Congress want another economic paddle to punish China for its internal and external policies, and…
China’s facial recognition ‘dragons’ dealing with potential habitat loss, competition
The growth of smart electric vehicles and influx of money from its Hong Kong stock launch will see SenseTime through…
Megvii Chief Scientist Sun Jian dies. Leaves behind notable AI innovations on 2 continents
A bright mind in AI and biometrics, Megvii innovator Sun Jian has died aged 45 after a sudden illness. No…
Megvii, CloudWalk, Yitu to join SenseTime on US investment blacklist
U.S. investors are to be barred from investing in eight more Chinese firms alleged to be involved in abuses in…
China’s biometrics sector faces interesting hurdles but it’s not slowing soon
An investigative article out of China indicates that four biometrics unicorns in that country face substantial problems meeting earlier market…
UK panel sketches the reach of ethnicity recognition systems across China
The scale of systems behind China’s alleged persecution of minorities — chiefly Uyghurs — continue to beggar the imagination. The…
Will Washington-Beijing competition entice biometrics unicorns home?
Maybe China’s authoritarian government is giving ground on foreign investment in domestic companies. Or maybe market economics is again pushing…
Not smarting from US sanctions, SenseTime says its IPO is on again
Face biometrics giant SenseTime is again pushing forward with a planned IPO. Expected to raise as much as $2 billion…
