BEIJING: SenseTime Group Ltd has raised US$600mil from Alibaba Group Holding Ltd and other investors at a valuation of more than US$3bil, becoming the world’s most valuable artificial intelligence startup.
The company, which specialises in systems that analyse faces and images on an enormous scale, said it closed a Series C round in recent months in which Singaporean state investment firm Temasek Holdings Pte and retailer Suning.com Co also participated.
