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…
SenseTime
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…
SenseTime forecasts facial recognition revenue increase despite U.S. ban
Despite being included on the U.S. Government’s Entity List alongside 27 other tech companies, SenseTime is rumored to register some…
SenseTime to lead Chinese working group setting facial biometrics standards
A national-level working group led by SenseTime has convened in China to set standards for biometric facial recognition, as privacy…
Goldman Sachs reconsiders support of Megvii IPO, MIT reevaluates SenseTime link
Megvii IPO sponsor Goldman Sachs Group has decided to reconsider its role in the biometrics unicorn’s initial public offering, after…
U.S. drops Entity List hammer on Chinese facial recognition unicorns and biometrics providers
The U.S. Government has added 28 organizations to its Entity List, banning major biometrics companies including Dahua, Hikvision, iFlytek, Megvii,…
Sensetime partners with China Tower for massive biometric video surveillance network
Sensetime has formed a partnership with network infrastructure provider China Tower to implement a massive video surveillance network with biometric…
High traffic identification tops this week’s biometrics and digital ID news
Progress in Nigeria and in airport biometrics systems make up several of the most popular articles on Biometric Update this…
Facial recognition giants unveil new technologies at World AI Conference
Facial biometrics unicorn SenseTime is opening a new Chinese headquarters in Shanghai, the company announced at the World Artificial Intelligence…
