The Dalian Wanda-backed deep learning technology provider is aiming to raise the funding at a $2bn valuation.
SenseTime Group, the China-based artificial intelligence (AI) technology developer backed by property-focused conglomerate Dalian Wanda, is looking to raise $500m in funding, the New York Times reported today.
The company will seek a $2bn valuation in the forthcoming series C round and Singaporean government-owned investment firm Temasek is among the prospective investors, people familiar with the move told the NYT.
SenseTime is working on deep learning technology that facilitates the more precise recognition and image processing of human faces and…
