A Chinese surveillance company may have just become the most valuable AI startup in the world [Video]

Cristian WorthingtonFeedToPost, MediaVidi Twitter

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SenseTime/YouTube Sources say a $600 million fundraising round values SenseTime at $4.5 billion.SenseTime is a Chinese company that specialises in surveillance and image recognition.It was founded in 2014 and reached profitability in 2017. Chinese facial recognition technology developer...

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SenseTime/YouTube
  • Sources say a $600 million fundraising round values SenseTime at $4.5 billion.
  • SenseTime is a Chinese company that specialises in surveillance and image recognition.
  • It was founded in 2014 and reached profitability in 2017.

Chinese facial recognition technology developer SenseTime Group Ltd may be worth as much as $4.5 billion.

SenseTime says investors including Chinese e-commerce …

But the biggest pile-in came from Alibaba, which topped the round up to $600 million. The company would not disclose its total valuation, but “two people with knowledge of the matter”