The company drives China’s ambition to dominate global AI
SenseTime Group Ltd. has raised $600 million from Alibaba Group Holding Ltd.
specializes in systems that analyze faces and images on an enormous scale
With the deal, SenseTime has doubled its valuation in a few months. Backed by Qualcomm Inc.
if you’ve ever been photographed with a Chinese-made phone or walked the streets of a Chinese city, chances are your face has been digitally crunched by SenseTime software built into more than 100 million mobile devices.
“It will not affect privacy because only authorized persons can access it,” he said.SenseTime claims some 400 clients and partners including Qualcomm, chipmaker Nvidia Corp. and smartphone maker Xiaomi Corp.