Yitu Technology

 

Yitu files application for major face biometrics IPO in China

Yitu Technology is the latest facial biometrics unicorn based in China to apply for an initial public offering on a domestic…

 

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…

 

Yitu wins Shanghai government contract and considers IPO on city’s new exchange

Yitu Technology has reached a deal with municipal authorities in Shanghai as part of a campaign to increase artificial intelligence…

 

Yitu to develop national open AI platform for computer vision under new CTO

Yitu participated in the 17th International Conference on Computer Vision (ICCV 2019) in Seoul, Korea, with its new CTO and…

 

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,…

 

ID4D initiatives and TSA trials top this week’s biometrics and digital ID news

For the second consecutive week, Nigeria and airport biometrics made headlines on Biometric Update, though for different reasons. Several of…

 

Yitu and VisionLabs impress in latest NIST facial recognition test results

The latest results from the National Institute of Science and Technology’s (NIST’s) Ongoing Facial Recognition Vendor Test (FRVT) for Verification…

 

CLEAR and YITU represent biometrics industry on CNBC Disruptor 50 list

A pair of biometric companies have been recognized on the CNBC Disruptor 50 list of private companies changing the world…

 

Little overlap between NIST facial recognition testing leaders and U.S. government providers

Wired is asking “Why Chinese Companies Plug a U.S. Test for Facial Recognition” in an article highlighting the placement of…

 

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…

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