HONG KONG: Chinese artificial intelligence (AI) start-up SenseTime Group, valued at more than US$2bil (RM8.2bil), is planning an IPO and aims to open a US research and development centre as early as next year, its founder told Reuters.
The Hong Kong and Beijing-based deep learning firm founded by Tang Xiaoou, a professor at the Chinese University of Hong Kong, is a leader among Chinese AI start-ups that are enjoying fast growth amid demand from the government and private sector for their facial recognition technology.