SenseTime News of 06/26/19
Alibaba-Backed Facial Recognition Startup Megvii Raises $750 Million
One of China’s most ambitious artificial intelligence startups Megvii, more commonly known for its facial recognition brand Face++, announced Wednesday that it has raised $750 million in a Series D funding round. Founded by three graduates ...
The AI Market Is Growing, But How Quickly Is Tough To Pin Down
Holden Page Contributor Share on Twitter Holden Page is an editor and journalist at Crunchbase News . More posts by this contributor Furniture startups skip the showroom and go ...
World’S Most Valuable AI Startup SenseTime Unveils Self-Driving Center In Japan
The world’s highest-valued artificial intelligence startup SenseTime has set foot in Japan. The Beijing-based firm announced on Friday that it just opened a self-driving facility in Joso, a historic city 50 kilometers away from Tokyo where it ...
Foxconn Or Foxgone? Tariffs, Wisconsin, And IPhone Fires
First some notes on SoftBank’s rumored expansion into China and its weird fund math, then Foxconn, and then quick notes on tech depression, Huawei, and more. TechCrunch is experimenting with new content forms. This is a rough draft of ...
Qualcomm Ventures Is Dedicating $100m To AI Investments
Qualcomm Ventures, the corporate venture capital arm of the chipmaker, has plans to invest up to $100 million in artificial intelligence. Specifically, Qualcomm says it will provide capital to startups building on-device AI, which is AI that ...
11/11 Shows Biometrics Are The Norm For Payments In China
Chinese consumers were quick to adopt digital payments, and a recent shopping binge showed they are ready for another leap: biometric payments. On November 11, Alibaba wrapped up Singles’ Day – the world’s largest shopping event ...
The SaaS VC Gap: China & Other Markets Trail The US
Jason Rowley Contributor Jason Rowley is a venture capital and technology reporter for Crunchbase News . More posts by this contributor Early-stage SaaS VC slip snaps recovery as public software stocks soar ...