China’s AI unicorns overcame US tech ban but face bigger challenge: reducing reliance on government surveillance business

//China’s AI unicorns overcame US tech ban but face bigger challenge: reducing reliance on government surveillance business

China’s AI unicorns overcame US tech ban but face bigger challenge: reducing reliance on government surveillance business

When Chinese AI unicorns SenseTime, Megvii and Yitu were sanctioned by the US in October last year, it looked like a major threat to the survival of their business.Yet the supply chain impact of being added to Washington’s Entity List, which restricted their access to American products, has been less significant than originally feared. In fact, it was quickly overshadowed by the need to diversify a business model overly reliant on government orders for surveillance cameras in a market that has…

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By | 2020-11-08T22:00:13+00:00 November 8th, 2020|Technology|Comments Off on China’s AI unicorns overcame US tech ban but face bigger challenge: reducing reliance on government surveillance business