Title : SenseTime to Expand into Automotive Applications
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SenseTime to Expand into Automotive Applications
South China Morning Post: Face recognition startup SenseTime announces its plans to expand in automotive applications.“Our leading algorithms for facial recognition have already proven a big success,” said SenseTime co-founder Xu Bing, “and now comes [new technologies for] autonomous driving, which enable machines to recognise images both inside and outside cars, and an augmented reality engine, integrating know-how in reading facial expressions and body movement.”
SenseTime raised $620m in May caling itself world’s most valuable AI start-up, with a valuation of $4.5b. Known for providing AI-powered surveillance software for China’s police, SenseTime said it achieved profitability last year, selling AI-powered applications for smart cities, surveillance, smartphones, internet entertainment, finance, retail and other industries.
Last year, Honda announced a partnership with SenseTime for automated driving technologies.
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