Megvii

 

Megvii extends face biometric access control to five international markets

Megvii has launched its biometric access control solution Koala to Japan, Singapore, Thailand, Brazil, and the United Arab Emirates to help…

 

Alibaba and China Mobile rumored to be investing $443M in Dahua’s biometric surveillance business

Dahua may be in line for a major investment in its biometric surveillance business from Alibaba and China Mobile, with Reuters reporting…

 

Megvii partners with Storefriendly for automated warehouse solution with biometric authentication

Megvii has launched a warehouse automation solution with facial biometrics and smart logistics capabilities that it claims can improve space utilization…

 

Biometrics unicorns Megvii and SenseTime’s revenues reportedly bounced back from Entity List impact

Top Chinese biometrics unicorns Megvii and SenseTime are not experiencing prolonged difficulty raising funds or winning foreign contracts despite the blocks put…

 

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…

 

Megvii partners with ARB to explore biometrics and IoT tech in Malaysia

Malaysian software development company ARB has partnered with Megvii to dive into AI biometric facial recognition applications and IoT technology…

 

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…

 

Megvii registers major biometrics revenue fall following U.S. trade blacklist

Chinese AI company Megvii suffered a major blow in terms of revenue after it was included on the U.S. trade…

 

Politically closed China keen on programmatically open AI

The Chinese news service Xinhua is reporting that that nation’s authoritarian government is promoting the use of open-source artificial intelligence…

 

Megvii to refile for lapsed blockbuster biometrics IPO in Hong Kong by end of March

Although currently still on a U.S. blacklist, biometrics unicorn Megvii is refiling for the Hong Kong IPO, writes Reuters, after…

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