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Qualcomm invests in Chinese AI facial recognition startup SenseTime

BEIJING (Reuters) - Chinese artificial intelligence (AI) startup SenseTime Group said on Wednesday it has sealed an investment from chipmaker Qualcomm Inc as part of a funding round that will close later this year......»»

Category: topSource: reutersNov 15th, 2017

Cargill Invests In Facial Recognition...For Cows

Via Climateer Investing blog, Do cows have faces? From AgFunder: Cainthus, an Irish startup focused on using computer vision and predictive imaging analysis to monitor the health and well-being of livestock has recei.....»»

Category: blogSource: zerohedgeFeb 1st, 2018

Saving Face: Investment in Recognition Tech Heats Up in China

A Chinese startup that sells facial recognition systems to police secured venture-capital funding that values it at more than $1.5 billion, underscoring the sector’s emergence as one of technology’s hottest areas of interest......»»

Category: smallbizSource: wsjJul 11th, 2017

Chinese Police Using Facial Recognition Sunglasses to Instantly Find Criminals in Crowds

The glasses are capable of recognizing one face among 10,000 suspects in 100 milliseconds.....»»

Category: topSource: newsweekFeb 9th, 2018

Chinese Police Using Facial Recognition Sunglasses To Track Citizens

Chinese police are testing out a new weapon in their surveillance arsenal – facial recognition sunglasses. According to The Verge, the facial recognition sun.....»»

Category: blogSource: valuewalkFeb 8th, 2018

Chinese police are using facial-recognition glasses to scan travelers

AFP/Getty Images Railway police have begun using facial-recognition eyewear to catch criminals. In tests the glasses identified faces within 100 milliseconds. Seven people have been arrested for a range of previous crimes, an.....»»

Category: topSource: businessinsiderFeb 7th, 2018

China Adds Facial-Recognition Glasses to Surveillance Arsenal

As hundreds of millions of Chinese begin traveling for the Lunar New Year holiday, police are showing off a new addition to their crowd-surveillance toolbox: mobile facial-recognition units mounted on eyeglasses......»»

Category: topSource: wsjFeb 7th, 2018

Chinese Police Go RoboCop With Facial-Recognition Glasses

As hundreds of millions of Chinese begin traveling for the Lunar New Year holiday, police are showing off a new addition to their crowd-surveillance toolbox: mobile facial-recognition units mounted on eyeglasses......»»

Category: topSource: wsjFeb 7th, 2018

AI-based facial ID accuracy sees dramatic upgrade, says SenseTime executive

AI-based facial recognition technology has advanced drastically to achieve a negligible deviation after outperforming human eyes for the first time in 2014, according to Xiaogang Wang, managing director of SenseTime Research Institute......»»

Category: topSource: digitimesFeb 6th, 2018

Cargill invests in Irish maker of facial recognition tech for cows

Cargill Inc. has made a minority investment in an Ireland-based tech company whose software can recognize individual cows and other livestock. The size of the investment in Cainthus not disclosed. Cainthus, based in Dublin, employs facial-recognition.....»»

Category: topSource: bizjournalsJan 31st, 2018

Chinese electric-car maker Byton set up by BMW alums seeks $400 million

Byton, formerly known as Future Mobility, this month unveiled an electric SUV that uses facial recognition to unlock doors, Amazon's Alexa to entertain and a 49-inch screen across the dashboard.....»»

Category: topSource: business-standardJan 20th, 2018

WeChat Is About to Become the World"s Most Popular Form of ID, but You"ve Probably Never Heard of It

The virtual ID card will be as valid as paper identification issued by the Chinese state and will have a facial-recognition function to prevent identity theft......»»

Category: topSource: newsweekDec 28th, 2017

Is The iPhone X Racist?

A woman in the eastern Chinese city of Nanjing has been offered a second refund after faulty facial recognition software on two iPhone X handsets allowed her colleague to unlock them. As The South China Morni.....»»

Category: blogSource: zerohedgeDec 18th, 2017

This Just In: Qualcomm Stock Upgraded

As Apple leads the way on facial recognition, Northpoint senses an opportunity for Qualcomm. Is it right?.....»»

Category: topSource: foxnewsSep 15th, 2017

Can Flying Taxis Work? Tencent Invests in German Aviation Startup Lilium To Find Out

Up, up and (horizontally) away. The Chinese internet giant Tencent has become an investor in a German aviation company calle.....»»

Category: europeSource: fortuneSep 5th, 2017

KFC Has a Cool New Way for People to Pay in China

Just smile. Diners at a KFC store in the eastern Chinese city of Hangzhou will have a new way to pay for their meal. Just smile. Customers will be able to use a “Smile to Pay” facial recognition system at the tech-heavy, health.....»»

Category: europeSource: fortuneSep 1st, 2017

Daimler Invests in Beijing-Based Self-Driving Startup Momenta

Mercedes-Benz parent Daimler AG is investing in a Chinese self-driving startup, in another instance of a Western auto maker seeking out a Chinese partner to get a foothold in a challenging market......»»

Category: smallbizSource: wsjJul 24th, 2017

Miami-based facial recognition software startup scores $347,500 from local investors

The Miami company has previously received capital from the angel investment group......»»

Category: topSource: bizjournalsJun 22nd, 2017

Chinese cities install facial recognition software to tackle jaywalking

Latest practise by Chinese cities have met with concerns that it may violate pedestrians' privacy.....»»

Category: topSource: business-standardJun 20th, 2017

Jack Ma-Backed Tech Firm Invests in Blockchain Startup Symbiont

Blockchain startup Symbiont has raised an undisclosed sum from Chinese software firm Hundsun Technologies. Source.....»»

Category: forexSource: coindeskMay 5th, 2017

Chinese Search Giant Baidu Invests in Green Car Startup NextEV

Seeks diversification. Baidu said on Friday it had led an investment round into green car start-up NextEV, as the Chinese search engin.....»»

Category: europeSource: fortuneMar 17th, 2017