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…
Megvii
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…
Face++ and ams partner for 3D facial recognition solutions
High-performance sensor solution company ams and Megvii’s Face++ have formed a co-operative partnership to accelerate the deployment of face recognition…
Facial recognition competition heating up as Megvii reported in talks with Alibaba to raise $500M
Megvii is seeking at least $500 million in new funding, and is in talks with Alibaba Group Holding Ltd. and…
Megvii partners with smartphone component makers to bring facial biometric payments to Android devices
Semiconductor companies Himax Technologies and MediaTek Inc. have partnered with Megvii to offer an Active Stereo Camera (ASC) 3D sensing…
Chinese startups take lion’s share as venture capital investment in AI grows 150 percent
Chinese AI startups overtook their U.S. counterparts in new venture capital funding in 2017, raising nearly $5 billion according to…
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…
Megvii and Vivo unveil new 3D facial recognition applications at Mobile World Congress Shanghai
Megvii and Vivo have jointly launched a series of 3D facial recognition applications based on a depth-sensing camera, including 3D…
Megvii algorithms power 3D facial recognition in new OPPO smartphone
Megvii is providing facial recognition for fast unlocking and secure payments with the new Find X smartphone from OPPO, which…
