Chinese AI unicorn SenseTime teams up with MIT ZDNet

SenseTime, a leading Chinese startup specialized in artificial intelligence (AI) research and development, has established an alliance with Massachusetts Institute of Technology (MIT) to promote the further application of the technology widely utilized in facial recognition. The Chinese AI researcher and developer, currently valued at around $3 billion, said the cooperation aims to explore new avenues across MIT in areas like computer vision, human-intelligence inspired algorithms, medical imaging, and robotics. Tang Xiao'ou, a founder of SenseTime who is also a PhD '96 MIT alumnus specialized in computer vision and deep learning, said he expects the cooperation between the world's best and brightest talents will further promote AI's development and benefit society. Founded in 2014, the Chinese startup is currently working with a number of well-known Chinese brands including China Mobile, UnionPay, Sina Weibo, as well as major smartphone companies in China to provide machine learning technology. SenseTime's advanced facial recognition expertise has also helped attract leading investments from Qualcomm and CDH Investments.