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Qualcomm invests in Chinese AI facial recognition startup SenseTime

BEIJING (Reuters) - Chinese artificial intelligence (AI) startup SenseTime Group said on Wednesday it has sealed an investment from chipmaker Qualcomm Inc as part of a funding round that will close later this year......»»

Category: topSource: reutersNov 15th, 2017

Alibaba invests in Chinese facial-recognition startup SenseTime, WSJ reports

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: theflyonthewallApr 9th, 2018

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

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

Cargill Invests In Facial Recognition...For Cows

Via Climateer Investing blog, Do cows have faces? From AgFunder: Cainthus, an Irish startup focused on using computer vision and predictive imaging analysis to monitor the health and well-being of livestock has recei.....»»

Category: blogSource: zerohedgeFeb 1st, 2018

Saving Face: Investment in Recognition Tech Heats Up in China

A Chinese startup that sells facial recognition systems to police secured venture-capital funding that values it at more than $1.5 billion, underscoring the sector’s emergence as one of technology’s hottest areas of interest......»»

Category: smallbizSource: wsjJul 11th, 2017

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

One Chinese city is using facial-recognition that can help police detect and arrest criminals in as little as 2 minutes

Ed Jones/AFP/Getty Images The Chinese city of Guiyang said its facial-recognition software allows police to identify and arrest sus.....»»

Category: topSource: businessinsiderMar 19th, 2018

Chinese police expand facial recognition sunglasses program

China’s police have been testing sunglasses with built-in facial recognition since at least last month to catch suspects and those traveling under false identities. .....»»

Category: topSource: moneycentralMar 12th, 2018

Chinese Police Using Facial Recognition Sunglasses to Instantly Find Criminals in Crowds

The glasses are capable of recognizing one face among 10,000 suspects in 100 milliseconds.....»»

Category: topSource: newsweekFeb 9th, 2018

Chinese Police Using Facial Recognition Sunglasses To Track Citizens

Chinese police are testing out a new weapon in their surveillance arsenal – facial recognition sunglasses. According to The Verge, the facial recognition sun.....»»

Category: blogSource: valuewalkFeb 8th, 2018

Chinese police are using facial-recognition glasses to scan travelers

AFP/Getty Images Railway police have begun using facial-recognition eyewear to catch criminals. In tests the glasses identified faces within 100 milliseconds. Seven people have been arrested for a range of previous crimes, an.....»»

Category: topSource: businessinsiderFeb 7th, 2018

China Adds Facial-Recognition Glasses to Surveillance Arsenal

As hundreds of millions of Chinese begin traveling for the Lunar New Year holiday, police are showing off a new addition to their crowd-surveillance toolbox: mobile facial-recognition units mounted on eyeglasses......»»

Category: topSource: wsjFeb 7th, 2018

Chinese Police Go RoboCop With Facial-Recognition Glasses

As hundreds of millions of Chinese begin traveling for the Lunar New Year holiday, police are showing off a new addition to their crowd-surveillance toolbox: mobile facial-recognition units mounted on eyeglasses......»»

Category: topSource: wsjFeb 7th, 2018

AI-based facial ID accuracy sees dramatic upgrade, says SenseTime executive

AI-based facial recognition technology has advanced drastically to achieve a negligible deviation after outperforming human eyes for the first time in 2014, according to Xiaogang Wang, managing director of SenseTime Research Institute......»»

Category: topSource: digitimesFeb 6th, 2018

Cargill invests in Irish maker of facial recognition tech for cows

Cargill Inc. has made a minority investment in an Ireland-based tech company whose software can recognize individual cows and other livestock. The size of the investment in Cainthus not disclosed. Cainthus, based in Dublin, employs facial-recognition.....»»

Category: topSource: bizjournalsJan 31st, 2018

Chinese electric-car maker Byton set up by BMW alums seeks $400 million

Byton, formerly known as Future Mobility, this month unveiled an electric SUV that uses facial recognition to unlock doors, Amazon's Alexa to entertain and a 49-inch screen across the dashboard.....»»

Category: topSource: business-standardJan 20th, 2018

WeChat Is About to Become the World"s Most Popular Form of ID, but You"ve Probably Never Heard of It

The virtual ID card will be as valid as paper identification issued by the Chinese state and will have a facial-recognition function to prevent identity theft......»»

Category: topSource: newsweekDec 28th, 2017

Is The iPhone X Racist?

A woman in the eastern Chinese city of Nanjing has been offered a second refund after faulty facial recognition software on two iPhone X handsets allowed her colleague to unlock them. As The South China Morni.....»»

Category: blogSource: zerohedgeDec 18th, 2017