SenseTime, artificial intelligence platform founded by CUHK professors, files to raise at least US$2 billion in Hong Kong IPO

//SenseTime, artificial intelligence platform founded by CUHK professors, files to raise at least US$2 billion in Hong Kong IPO

SenseTime, artificial intelligence platform founded by CUHK professors, files to raise at least US$2 billion in Hong Kong IPO

SenseTime Group, China’s largest artificial intelligence (AI) company, filed to go public in Hong Kong on Friday in one of the biggest technology offerings since Beijing cracked down on the country’s tech sector last month, a move that has unnerved investors from Hong Kong to New York.The Hong Kong-based start-up, known for its facial-recognition software, is looking to raise at least US$2 billion in its initial public offering (IPO), according to a person familiar with the matter.SenseTime…

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By | 2021-08-27T16:15:31+00:00 August 27th, 2021|Technology|Comments Off on SenseTime, artificial intelligence platform founded by CUHK professors, files to raise at least US$2 billion in Hong Kong IPO