Alibaba-backed, Chinese Gov-supporting facial recognition AI startup Megvii raises $750 million

One of China’s most ambitious artificial intelligence startups, Megvii, more commonly known for its facial recognition brand Face++, announced Wednesday that it has raised $750 million in a Series E funding round. Founded by three graduates from the prestigious Tsinghua University in China, the eight-year-old company specializes in applying its computer vision solutions to a … Continue reading Alibaba-backed, Chinese Gov-supporting facial recognition AI startup Megvii raises $750 million