Alibaba and SenseTime Team to Make Hong Kong a Global AI Hub
Alibaba is teaming up with SenseTime, the world’s highest-valued AI startup, to launch a not-for-profit artificial intelligence lab in Hong Kong in a bid to make the city a global hub for artificial intelligence. Alibaba, which is SenseTime’s largest single investor thanks to a recent $600 million round at a valuation of $4.5 billion, is providing financing for the […]
SenseTime, a leading AI company based in China, has successfully raised US$600 million in its Series C round of funding. Alibaba Group is taking the lead role for this round of funding; other participants include Temasek and Suning. The company set a record by raising US$410 million in its series B round of funding last […]