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Alibaba Invests in Chinese Facial-Recognition Startup

Chinese e-commerce giant Alibaba is leading a $600 million funding round in SenseTime, which makes surveillance systems using facial recognition for law enforcement and commercial applications......»»

Category: smallbizSource: wsjApr 9th, 2018

SoftBank"s Vision Fund to invest $1 billion in China AI startup: Bloomberg

SoftBank Group Corp's Vision Fund is seeking to invest almost $1 billion in SenseTime Group Ltd, a Chinese facial recognition technology developer, Bloomberg reported on Friday......»»

Category: topSource: reutersJul 20th, 2018

This Chinese Facial Recognition Surveillance Company Is Now the World’s Most Valuable AI Startup

SenseTime Group has raised $600 million from Alibaba Group Holding and other investors. SenseTime Group has raised $600 million from Alibaba Group Holding baba .....»»

Category: europeSource: fortuneApr 9th, 2018

The Most Valuable Artificial Intelligence Startup in the World Just Raised $600 Million

SenseTime's facial recognition technology is used in fields including security, retail, and autonomous driving......»»

Category: topSource: incApr 9th, 2018

Alibaba invests in Chinese AI startup Megvii, Bloomberg says

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallAug 10th, 2018

A dystopian vision of Apple’s next big thing

Seen through Chinese AR headgear, the future of facial recognition looks grim......»»

Category: blogSource: 247wallstJul 9th, 2018

At a Chinese school, Big Brother charts every smile or frown

At first, it just seemed cool. When facial recognition cameras were installed at a century-old high school here in eastern Chi.....»»

Category: topSource: moneycentralJul 8th, 2018

Inside the creepy and impressive startup funded by the Chinese government that is developing AI that can recognize anyone, anywhere

Two Chinese startups, SenseTime and Megvii, are becoming the world leaders in real-world deplo.....»»

Category: topSource: businessinsiderJul 8th, 2018

The World’s Biggest AI Startup Raises $1.2 Billion in Mere Months

SenseTime's facial regognition tech is a huge contributor to China's system of surveillance. SenseTime Group has raised $620 million at a valuation of more.....»»

Category: europeSource: fortuneMay 30th, 2018

Alibaba"s futuristic supermarket in China is light-years ahead of the US, with 30-minute deliveries and facial recognition payment — and shows where Amazon will likely take Whole Foods

Harrison Jacobs/Business Insider Chinese tech gia.....»»

Category: topSource: businessinsiderMay 21st, 2018

A school in China is monitoring students with facial recognition technology that scans the classroom every 30 seconds

AP Photo/Mark Schiefelbein A Chinese high school in Hangzhou is using facial recognition technology that scans students every 30 seconds.  T.....»»

Category: topSource: businessinsiderMay 20th, 2018

Chinese Factories Employ "Brain Scanners" To Stop Workers" Mistakes Before They Happen

China's "SkyNet" facial recognition tools can compare .....»»

Category: blogSource: zerohedgeApr 30th, 2018

A Chinese surveillance company may have just become the most valuable AI startup in the world

  SenseTime/YouTube Sources say a $600 million fundraising round values SenseTime at $4.5 billion. SenseTime is a Chinese company that specialise.....»»

Category: topSource: businessinsiderApr 11th, 2018

Alibaba-backed AI Startup SenseTime Bags Record $600m Funding Round

A Chinese artificial intelligence startup has just closed a funding round worth $600 million, which is the single largest venture investment in the burgeoning AI industry. SenseTime, .....»»

Category: topSource: redherringApr 10th, 2018

Aurora launches cloud-based employee attendance administration system

Office automation machine distributor Aurora has launched a cloud-based employee attendance administration system integrating facial recognition and human resource management solutions......»»

Category: topSource: digitimesOct 17th, 2018

InforCharge pushing facial recognition wireless charge system for advertisement opportunity

Taiwan-based wireless charging solution provider InforCharge has expanded its business reach to the multimedia advertisement area and has adopted artificial intelligence (AI) facial recognition technology to maximize the benefits of advertisements......»»

Category: topSource: digitimesOct 15th, 2018

Why police use of facial recognition technology raises privacy fears

Why police use of facial recognition technology raises privacy fears.....»»

Category: videosSource: videonewsindexOct 10th, 2018

Maersk Invests in Freight-Booking Startup Loadsmart

A.P. Moeller-Maersk is investing in U.S. freight-booking startup Loadsmart as the container shipping giant builds up its efforts to extend its services beyond maritime transportation......»»

Category: smallbizSource: wsjOct 9th, 2018

Facial Recognition At US Airports Works 85% Of The Time: That Is Not Enough

U.S. Customs and Border Protection (CBP) had made considerable progress developing and implementing a biometric system to monitor and screen intern.....»»

Category: blogSource: zerohedgeOct 4th, 2018

Overstock"s Medici Ventures Invests in Wine-Tracking Blockchain Startup

Medici Ventures, the blockchain accelerator arm of Overstock.com, has made a seven-figure investment in wine-tracking startup VinX......»»

Category: forexSource: coindeskOct 4th, 2018