If you work in tech, you’ve heard about AI: how it’s going to replace us, whether it’s over-hyped or not and which nations will leverage it. Our interest? How much money is going into startups?
View More The AI market is growing, but how quickly is tough to pin downCategory: SenseTime
World’s most valuable AI startup SenseTime unveils self-driving center in Japan
The world’s highest-valued artificial intelligence startup SenseTime has set foot in Japan. The Beijing-based firm announced on Friday that it just opened a self-driving facility in Joso, a historic city 50 kilometers away from Tokyo where it plans to conduct R&D and road test driverless vehicles. The initiative follows its agreement with Japanese auto giant Honda in […]
View More World’s most valuable AI startup SenseTime unveils self-driving center in JapanFoxconn or Foxgone? Tariffs, Wisconsin, and iPhone fires
First some notes on SoftBank’s rumored expansion into China and its weird fund math, then Foxconn, and then quick notes on tech depression, Huawei, and more. TechCrunch is experimenting with new content forms. This is a rough draft of something new – provide your feedback directly to the author (Danny at danny@techcrunch.com) if you like […]
View More Foxconn or Foxgone? Tariffs, Wisconsin, and iPhone firesQualcomm Ventures is dedicating $100M to AI investments
Qualcomm is betting big on on-device artificial intelligence.
View More Qualcomm Ventures is dedicating $100M to AI investments11/11 shows biometrics are the norm for payments in China
Chinese consumers were quick to adopt digital payments, and a recent shopping binge showed they are ready for another leap: biometric payments. On November 11, Alibaba wrapped up Singles’ Day – the world’s largest shopping event – and hauled in $30.8 billion in total transactions, a staggering amount bigger than Cyber Monday and Black Friday combined. […]
View More 11/11 shows biometrics are the norm for payments in ChinaThe SaaS VC gap: China & other markets trail the US
Jason Rowley Contributor Jason Rowley is a venture capital and technology reporter for Crunchbase News. More posts by this contributor Early-stage SaaS VC slip snaps recovery as public software stocks soar International growth, primarily in China, fuels the VC market today Chinese startups rule the roost when it comes to total reported venture dollars raised […]
View More The SaaS VC gap: China & other markets trail the USAI giant SenseTime leads $199M investment in Chinese video tech startup
SenseTime may be best known as the world’s highest-valued AI company — having raised $620 million at a valuation of over $4.5 billion — but it is also an investor, too. The Chinese firm this week led a 1.36 billion RMB ($199 million) Series D funding round for Moviebook, a Beijing-based startup that develops technology to […]
View More AI giant SenseTime leads $199M investment in Chinese video tech startupChina’s SenseTime, the world’s highest-valued AI startup, closes $620M follow-on round
SenseTime, the world’s highest-valued AI company with a valuation of over $4.5 billion, is back in the money again. The company raised $600 million in an Alibaba-led financing round announced last month, and now it has added a further $620 million to that with a “Series C+” round announced today. Alibaba led the previous deal, […]
View More China’s SenseTime, the world’s highest-valued AI startup, closes $620M follow-on roundAlibaba’s newest initiative aims 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 […]
View More Alibaba’s newest initiative aims to make Hong Kong a global AI hubChina’s SenseTime, the world’s highest valued AI startup, raises $600M
The future of artificial intelligence (AI), the technology that is seen as potentially impacting almost every industry on the planet, is widely acknowledged to be a war between tech firms in America and China. In a notable side-note to that battle, China now has the world’s highest-valued AI startup after SenseTime, a company founded in […]
View More China’s SenseTime, the world’s highest valued AI startup, raises $600MHonda is working with Chinese AI unicorn SenseTime on self-driving car tech
Honda is putting the focus on artificial intelligence after it announced a partnership with SenseTime, a Chinese startup valued at over $1 billion, that will power its autonomous cars of the future. SenseTime, which raised a $410 million funding …
View More Honda is working with Chinese AI unicorn SenseTime on self-driving car tech