31-05-2018 12:30 via telecoms.com

AI startup SenseTime just getting greedy as it bags another $620mn funding

Just one month after raising $600 million in a Series C funding round, Chinese AI facial recognition startup SenseTime has announced a further $620 million investment taking the total valuation of the firm to $4.5 billion.
With the Chinese Government on a mission to dominate the world of artificial intelligence, SenseTime is seemingly leading the charge, maintaining its position as the world’s most valuable AI company a total financing of more than $1.6 billion to date. Fidelity Internatio
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