Megvii to file for Hong Kong IPO despite protests and facial recognition controversy
Biometrics unicorn and Face++ maker Megvii is about to file for its initial public offering on the Hong Kong Stock…
Megvii
Megvii and ams partner to bring 3D facial biometrics to any smart device
Austria-based sensor specialist ams AG has formed a joint development partnership with Megvii to work on plug-and-play solutions for 3D…
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…
