Biometrics giant SenseTime rumored to be planning Shanghai IPO at $10B valuation
Just days after SenseTime and other Chinese biometric facial recognition leaders were reported to be recovering well from the effects…
SenseTime
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…
Chinese researchers take top honors in cartoon face recognition challenge
A Chinese entertainment company last week announced the winners of its challenge to write biometric algorithm models that can detect…
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…
Trust Stamp to file for €29M IPO in Ireland, delayed SenseTime offering may face long wait
An authentication and a biometrics provider have each been planning initial public offerings on different continents, but one is expected…
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…
Biometric checks and facial recognition payments to support social distancing, fight spread of covid-19
(Image of Ver-ID courtesy of Applied Recognition) Face biometrics continue to be implemented around the world to support social distancing…
SenseTime postpones plan for potential blockbuster biometrics IPO, seeks private funding
SenseTime has decided to postpone its Hong Kong IPO of up to $750 million following the global aftermath of the…
LG CNS collaborates with SenseTime on biometric entry service unaffected by masks
LG subsidiary LG CNS announced it has deployed artificial intelligence-based biometric facial recognition technology from Chinese company SenseTime on 26…
SenseTime develops biometric identification system for masked faces as Chinese companies adapt to crisis
The Coronavirus outbreak is providing challenges for Chinese authorities that may also be opportunities for biometrics companies like SenseTime and…
