Megvii
What Kai-Fu Lee-backed AInnovation tells us about China’s smart manufacturing
The enthusiasm to find paying customers for artificial intelligence continues in China. AInnovation, a Chinese computer vision and machine learning startup backed by Kai-Fu Lee’s Sinovation Ventures and SoftBank, is…
One of China’s biggest AI solution providers is a step closer to its initial public offering. SenseTime has received regulatory approval to list on the Hong Kong Stock Exchange, according…
China roundup: Kai-Fu Lee’s first Europe bet, WeRide buys a truck startup
Hello and welcome back to TechCrunch’s China Roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. Despite…
Qualcomm-backed chipmaker Kneron nails Foxconn funding, deal
A startup based out of San Diego and Taipei is quietly nailing fundings and deals from some of the biggest names in electronics. Kneron, which specializes in energy-efficient processors for…
Chinese facial recognition unicorn Megvii prepares China IPO
Megvii, one of China’s largest facial recognition startups, is gearing up for an initial public offering in Shanghai. The company is working with CITIC Securities to prepare for its planned…
Chinese startup Rokid pitches COVID-19 detection glasses in US
Thermal imaging wearables used in China to detect COVID-19 symptoms could soon be deployed in the U.S. Hangzhou based AI startup Rokid is in talks with several companies to sell…
Eight Chinese tech firms placed on US Entity List for their role in human rights violations against Muslim minority groups
Eight Chinese tech firms, including SenseTime and Megvii, have been added to the U.S. government Entity List for their role in enabling human rights violations against Muslim minority groups in…
Megvii, the Chinese startup unicorn known for facial recognition tech, files to go public in Hong Kong
Megvii Technology, the Beijing-based artificial intelligence startup known in particular for its facial recognition brand Face++, has filed for a public listing on the Hong Kong stock exchange. Its prospectus…
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…