Source: DailyAlts

SenseTime: Artificial Intelligence: Chinese AI Behemoth SenseTime May Dual-List

SenseTime Group Ltd., the Chinese AI giant that deploys facial recognition technology on a massive scale, including for law enforcement, is weighing an IPO. The company, which is backed by investors such as SoftBank and Singapore's Temasek Holdings, is raising $1.5 billion of pre-IPO financing at a valuation of nearly $8.5 billion.

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Xu Li's photo - Co-Founder & CEO of SenseTime

Co-Founder & CEO

Xu Li

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SenseTime develops an AI-based facial recognition platform that provides video analytics and identity verification solutions to the healthcare sector. Read more