Enterprise AI technology developer Aibee has secured $15.7m from K11, which will partner the startup on technology for its shopping centres.
China-based artificial intelligence (AI) technology startup Aibee has received RMB100m ($15.7m) in funding from shopping centre operator K11, China Money Network reported on Tuesday.
Founded in 2017, Aibee develops enterprise software tools based on AI-related technologies such as computer vision, speech recognition, natural language processing and big data analytics.
K11 and Aibee plan to collaborate on technologies and models that improve K11’s retail operations, and are considering areas such as facial recognition or product identification in individual stores, or augmented…