Artificial intelligence is being used for a dizzying array of tasks, but one of the most successful is also one of the scariest: automated surveillance. Case in point is Chinese startup SenseTime, which makes AI-powered surveillance software for the country’s police, and which this week received a new round of funding worth $600 million. This funding, led by retailing giant Alibaba, reportedly gives SenseTime a total valuation of more than $4.5 billion, making it the most valuable AI startup in the world, according to analyst firm CB Insights.
This news is significant for a number of reasons. First, it shows how China continues to pour money into artificial intelligence, both through government funding and private investment. Many are...
from
https://www.theverge.com/2018/4/11/17223504/ai-startup-sensetime-china-most-valuable-facial-recognition-surveillance
from
https://ifeeltechinc.blogspot.com/2018/04/the-worlds-most-valuable-ai-startup-is.html
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