Chinese A.I. company SenseTime raises more than $1 billion in back-to-back funding rounds

Chinese A.I. company SenseTime raises more than $1 billion in back-to-back funding rounds

6 years ago
Anonymous $2WKDXfy9lA

https://www.cnbc.com/2018/05/31/sensetime-raises-more-than-one-billion-dollars-in-mere-months.html

Investors are pouring funds into Chinese artificial intelligence company SenseTime.

The image recognition firm said Thursday that it raised $620 million in fresh funds from prominent investors including Fidelity International, Hopu Capital, Silver Lake and Tiger Global. Chipmaker Qualcomm's venture capital arm also participated in the round.