Megvii

 

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…

 

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…

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