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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

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

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

This Just In: Qualcomm Stock Upgraded

As Apple leads the way on facial recognition, Northpoint senses an opportunity for Qualcomm. Is it right?.....»»

Category: topSource: foxnewsSep 15th, 2017

Can Flying Taxis Work? Tencent Invests in German Aviation Startup Lilium To Find Out

Up, up and (horizontally) away. The Chinese internet giant Tencent has become an investor in a German aviation company calle.....»»

Category: europeSource: fortuneSep 5th, 2017

KFC Has a Cool New Way for People to Pay in China

Just smile. Diners at a KFC store in the eastern Chinese city of Hangzhou will have a new way to pay for their meal. Just smile. Customers will be able to use a “Smile to Pay” facial recognition system at the tech-heavy, health.....»»

Category: europeSource: fortuneSep 1st, 2017

Daimler Invests in Beijing-Based Self-Driving Startup Momenta

Mercedes-Benz parent Daimler AG is investing in a Chinese self-driving startup, in another instance of a Western auto maker seeking out a Chinese partner to get a foothold in a challenging market......»»

Category: smallbizSource: wsjJul 24th, 2017

Miami-based facial recognition software startup scores $347,500 from local investors

The Miami company has previously received capital from the angel investment group......»»

Category: topSource: bizjournalsJun 22nd, 2017

Chinese cities install facial recognition software to tackle jaywalking

Latest practise by Chinese cities have met with concerns that it may violate pedestrians' privacy.....»»

Category: topSource: business-standardJun 20th, 2017

Jack Ma-Backed Tech Firm Invests in Blockchain Startup Symbiont

Blockchain startup Symbiont has raised an undisclosed sum from Chinese software firm Hundsun Technologies. Source.....»»

Category: forexSource: coindeskMay 5th, 2017

Chinese Search Giant Baidu Invests in Green Car Startup NextEV

Seeks diversification. Baidu said on Friday it had led an investment round into green car start-up NextEV, as the Chinese search engin.....»»

Category: europeSource: fortuneMar 17th, 2017

Facial recognition startup preps for big year

Bl.....»»

Category: topSource: bizjournalsFeb 20th, 2017

Tech to make background checks a little smarter

Onfido is a startup that aims to streamline remote background checks and identity verification by using facial recognition technology......»»

Category: videoSource: cnnDec 8th, 2016

Tech to make background checks a little smarter

Onfido is a startup that aims to streamline remote background checks and identity verification by using facial recognition technology......»»

Category: topSource: moneycentralDec 8th, 2016

Facebook Acquires Focial Recognition Startup FacioMetrics

With the acquisition of facial recognition software FacioMetrics, Facebook might soon be able to detect when you smile at something in your Newsfeed......»»

Category: topSource: incNov 17th, 2016

Facebook buys another facial recognition company to help it compete with Snapchat

Facebook has scooped up another facial recognition startup to help bolster its photo and video ambitions. .....»»

Category: topSource: moneycentralNov 17th, 2016

Facebook buys facial recognition tech startup FacioMetrics

FacioMetrics specializes in using AI to give facial image analysis capabilities to applications that run on smartphones.....»»

Category: topSource: business-standardNov 17th, 2016

GM Invests in Chinese Startup Focused on Car Rental Technology

This could be a way for GM to expand its own U.S.-based service. General Motors has invested in a Chinese technology company that has built a service for arranging short-term car rentals, part of a broader push by the automaker to expand beyond its ro.....»»

Category: europeSource: fortuneOct 11th, 2016

Facial Recognition Software Triggers Ethical Concerns

A facial recognition startup whose software correctly identified 73% of people tested against a one million photo database has starting marketing the program, raising worries about privacy in a world of selfies and other online images......»»

Category: smallbizSource: wsjOct 10th, 2016