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…
SenseTime
Yitu and Sensetime bid on facial recognition contract for new Beijing airport
Yitu and SenseTime are preparing bids to provide facial recognition to Beijing’s new $12 billion airport, South China Morning Post…
SenseTime applying AI technology from facial recognition to AR and autonomous driving
SenseTime will build its portfolio beyond facial recognition by applying some of the same AI computer vision algorithms to augmented…
SenseTime C+ funding round closes at $620 million as investors flock to AI unicorn
SenseTime has announced the completion of a $620 million Series C+ funding round led by Fidelity International, Hopu Capital, Silver…
Alibaba and SenseTime partner for Hong Kong AI accelerator
Alibaba Group, SenseTime, and the Hong Kong Science and Technology Parks Corp. (HKSTP) have partnered to create a new accelerator…
SenseTime creating $790 million AI investment fund
SenseTime is in the process of raising approximately 5 billion yuan (US$790 million) to create an investment fund for Chinese…
SenseTime executive touts advance of AI-based facial recognition technology at EmTech China
Since outperforming human eyes for the first time in 2014, AI-based facial recognition technology has advanced to the point of…
Alibaba looking to be largest backer of facial recognition firm SenseTime
Bloomberg is reporting that Alibaba is in discussions to invest about $227M USD and become the largest backer of Chinese…
AI facial recognition startup SenseTime secures investment from Qualcomm
Chinese artificial intelligence facial recognition startup SenseTime Group has secured an investment from Qualcomm as part of a $500 million…
