When China’s largest artificial intelligence (AI) company begins trading on Thursday (Dec. 30) on the Hong Kong Stock Exchange, SenseTime, ticker HK:0020, will be the first overseas initial public offering (IPO) by a well-known Chinese technology unicorn since Didi’s July listing in New York. The...
Tencent, Xiaomi and Ant Financial are among the Chinese tech giants partnering with artificial intelligence (AI) firm SenseTime in an effort to standardize the facial recognition industry, Abacus reported on Wednesday (Nov. 27). The National Standardization Group for Facial Recognition Technology was launched last week...
Chinese facial recognition company Megvii might decide to postpone its initial public offering (IPO), due to tensions and the trade war between the U.S. and China. Last month, Megvii announced that it had raised $750 million in funding, giving it a value of $4 billion....
With all sorts of digital services at their fingertips, consumers are looking for convenience when they purchase products or services. Consumers, for instance, are swapping their cable channels for digital streaming subscriptions or using rideshares instead of public transportation services. And these digital services are...
August 31, 2023
China has reportedly given regulatory approval for some tech companies to release their artificial intelligence (AI) chatbots to the public. Among the companies that did so Thursday (Aug. 31) are ByteDance and Baidu, the Financial Times (FT) reported Thursday. ByteDance, known for its social media platform TikTok, launched its Doubao AI chatbot to the public, the report said. The move demonstrates […]
December 29, 2021
When China’s largest artificial intelligence (AI) company begins trading on Thursday (Dec. 30) on the Hong Kong Stock Exchange, SenseTime, ticker HK:0020, will be the first overseas initial public offering...
November 27, 2019
Tencent, Xiaomi and Ant Financial are among the Chinese tech giants partnering with artificial intelligence (AI) firm SenseTime in an effort to standardize the facial recognition industry, Abacus reported on...
June 07, 2019
Chinese facial recognition company Megvii might decide to postpone its initial public offering (IPO), due to tensions and the trade war between the U.S. and China. Last month, Megvii announced...