SenseTime’s American Axis

You won’t find SenseTime’s name on the building that houses its Beijing headquarters, but its technology guards the entrance. All workers must clear a security check by SenseTime’s facial-recognition software, and company employees pass a second face scan to enter their offices.

SenseTime, a privately-held company now valued at more than $7 billion, shows off some of the products that made it one of the world’s hottest startups in artificial intelligence, and helped the company beat out Facebook’s facial recognition algorithm to become the most accurate in the world.

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SenseTime to seek up to $1bn private funding, deferring Hong Kong IPO

HONG KONG — Chinese artificial intelligence startup SenseTime Group has deferred its plan for an up to $750 million initial public offering in Hong Kong this year and instead aims to tap private markets, people briefed on the plan said, joining the list of companies scrapping share-sale plans as th

Read more: https://s.nikkei.com/2Uy7jSZ

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