AI industry observer Yu Ming, in Chinese publication Lanjinger. Face recognition can be deployed on a server, on the edge of biometric devices, or on a smartphone, with or without network connections. It was founded in 2014 and within 7 years it has gained unicorn status and developed some of the advanced AI algorithms. Discover information and data insights on SenseTime Group Ltd's key competitors and market peers. [31] On 19 July, SenseTime launched its international AI innovation hub in Singapore. Though the online tool, input a URL and well tell you if it contains any celebrities. Despite growing revenue, the company has always run a deficit. SenseTime's Co-Founder & CEO, Xu Li, currently has an approval rating of 100%. Competitors Supplier Risk SenseTime Market Valuation $7.5 B 2019-09-05 Total Funding $2.6 B Company summary Overview SenseTime Group is an information technology company that harnesses deep learning as its core technology. AllGoVision. The much-anticipated SenseTime initial public offering, set to be the largest-yet for a China-based facial recognition firm, has a target Dec 2, 2021: SenseTime opens Macau office, plans diverse projects. Singapore. Among them, 188,300 were based in the United Statesthe largest share. Aihuayingtong is a developer of image recognition solutions for B-side customers, such as face recognition, document content search, and OCR for the mobile application market. SenseTime has opened an office and launched a series of facial recognition and computer vision projects in Macau, as the Nov 24, 2021 Face++. Reville received his Ph.D. in economics from Brown University. CNN basedits channel ontheneed for information 24hours per day, every day of the year. Detects head poses, closed eyes, eye gaze, open mouth and spectacles. team can easily create 100k labeled images in less than a single day ForensicaGPS features advanced facial recognition technology designed to increase the speed and enhance the accuracy of criminal investigations. At inferdo, we pride ourselves in our ability to offer state-of-the-art, pre-trained deep learning models, but also our ability to efficiently serve them at scale. By continuing to use this site you are consenting to these choices. In the past three years, SenseTime has received $31 million, $38 million and $54 million in subsidies respectively. Image: Pavlo Gonchar/SOPA Images/LightRocket via Getty Images, over national security concerns and foreign policy interests, pulled out of a joint venture in Xinjiang, FTXs collapse has rattled the crypto industry. SenseTime co-hosted the 3rd International Artificial Intelligence Fair in Shanghai. In September 2021, Megvii received approval to list its shares on the Shanghai Star Market. Plus, it operates a supercomputing center that is equipped with a range of AI technologies. [16], In November 2017, SenseTime set up a 'smart policing' company with Leon, a major supplier of data analysis and surveillance technology in Xinjiang. SEHK:9959 HK$9.0b. SenseTime installed an access control system that can rapidly measure peoples body temperatures even when they keep their masks on. Reville has published extensively on compensation for occupationally disabled workers. "[28], SenseTime is, as of 27 November 2019, leading a committee tasked with developing a standard for facial recognition in China. China had 22,191 AI researchers within its borders, fourth on the list. We . The startup plans to sell 1.5 billion shares in the IPO, with the final price due to be set on Thursday. SeetaTech is a computer vision company that provides face recognition, UAV vision, video structural analysis, and other deep learning technologies. iDGate has developed an identity authentication system for online and mobile transactions that does not require a one-time-password via Short Message Service (SMS) or s, Camvi is a U.S.-based artificial intelligence company, specializing in face recognition and identification technologies. We have code examples for most of them, so you can just copy the code and paste it into your project. FaceReader is the most robust automated system for the recognition of a number of specific properties in facial images, including the six basic or universal expressions. Compare SenseTime to its competitors by revenue, employee growth and other metrics at Craft. foreign competitors or lead U.S. companies to move their operations abroad.11 For these reasons, leveraging U.S. advantages in semiconductors through export controls requires policymakers to calibrate policies and balance the risks and rewards of chokepoints. MEGVII, an AI company based in China, develops Face++, a computer vision technologies platform that enables applications to read and understand the world better. SenseTime 's alternatives and competitors See how SenseTime compares to similar products. It provides advanced technologies and products in several sectors including intelligent city, smart finance, intelligent healthcare, smart retail, AI chips and AI pharmaceuticals. SenseTime relaunches Hong Kong IPO to raise $767 million. Detect and compare human faces. By Arnab Ray Listen to this story Chinese artificial intelligence startup SenseTime's initial Hong Kong public offering plans to offer 1.5 billion shares to raise a total of US $741 million. promoting openness in scientific communication and the peer-review process, infoqai, axuresketchps, cdn, it dream offer, . UBTECH Robotics is a software house, systems integrator and technology provider. Leveraging AI technology, YITU is empowering diverse industries. Extreme Vision claims to be a better solution than SenseTime due to: we have about 210k developers to develop algorithm. Stitch multiple rows of photos shot by normal digital camera (or phone) or wide angle lens, capable of stitching full 360 degree spherical panorama or partial cylindrical panorama. Unlock even more features with Crunchbase Pro . On top of this, Facebook is directly paying Breitbart Newss competitors, establishment media conglomerates including the Washington Post, the Wall Street Journal and the New York Times while offering no such compensation to Breitbart News. The Hatchworks analysts have done due diligence about the upcoming SenseTime IPO.. SenseTime has raised $2.67B so far and aiming for more. Currently, Junaid is the CEO and co-founder of Rooam, a mobile payment platform that lets guests open, view, and pay their bar tab or restaurant bill directly from their phone. This is called crop-weed competition. The digitization of important cultural objects serves the general public by giving people a way to view them in new formats, introducing traditional culture in a more personal way. Top Competitors of SenseTime. View All Competitors & Alternatives SenseTime Service Providers 1 Service Provider SenseTimehas1service provider relationship View All Service Providers you accept our use of cookies. Found inside Page 69This strategy brings forward a competition between the members in terms of being the best leaker. The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution. China was a latecomer to the AI industry, and its technical personnel in this field are less experienced than most of their foreign counterparts, meaning that there havent been enough qualified people to fill the AI research positions in China. He has worked as Visiting Lecturer at Stanford University, Research Scientist at Willow Garage, and Scientific Researcher at TUM. Copyright 2023 CB Information Services, Inc. All rights reserved. SenseTime has decided to go public at an interesting time when so many things, both in and out of the company's control, could go wrong. [25], SenseTime has a large high-performance computing network which supports its development and fielding of AI applications. You can review our privacy policy to find out more about the cookies we use. [46], On August 9, SenseTime launched its first consumer-facing product SenseRobot a Chinese chess-playing robot. A data leakage scandal occurred in 2019 and destroyed the company's reputation. It helps auto-generate images, videos, and annotations as easily as inputting details into a form-based GUI. SenseTime is constantly competing with Chinas other major AI developers for talent and business. Provider of AI solutions used in computer vision and visual technology. Polarr is the easiest application to create your own aesthetic and share it with others. Its Viper project collects, connects, and analyzes information from security surveillance, live And even differentiate between clear and dark glasses! With local offices in Singapore, Malaysia, Thailand, the company offers both business and consumer-oriented AI products and services. Overlays - Gradient, Duotone, Weather, Texture, Backgrounds, Custom Overlay, and more. iClone is the fastest real-time 3D animation software in the industry, helping you easily produce professional animations for films, previz, animation, video games, content development, education and art. SenseTime competes with other top machine learning software stores such as Synthesia, Zoho DataPrep and Hexowatch. Its leading AI technologies have powered many industries such as smart city, smartphone, mobile Internet, automobile, finance, retail, and robotics, etc. CBI websites generally use certain cookies to enable better interactions with our sites and services. Detect and identify information like the year, make and model of vehicles from any angle. You can read more about your. An album is a set of labeled images. Website sensetime.com Competitors View 15 SenseTime competitors here. Since 2019, smart city development has been one of SenseTimes main sources of revenue. Brief our analysts to claim your profile. It also says it will fight for Beijing SenseTime to be removed from the list "as soon as an appropriate opportunity arises.". Along with the fierce competition, public concerns about data security also shadow the way ahead. Softbank Vision is the biggest institutional investor, with 14.88% of shares. In 2020, SenseTime has 848 new customers for its smart business business, which is only an increase of 1% compared with 834 in 2019. facial recognition/identity validation/video analytics. SenseTime's main competitors include Trax Technology Solutions, iMerit, GE Global Research and ReadSense. Meanwhile, Hikvision invested RMB 3.878 billion (USD 580 million) in the first six months of 2021 to strengthen its R&D capabilities, eclipsing SenseTimes investment for the full year. In October of that year, Qualcomm worked with SenseTime. Summary of all time highs, changes and price drops for SenseTime Group; Historical stock prices; Current Share Price: HK$2.71: According to the 2020 Global AI Talent Report published by Element AI, there were more than 477,950 AI researchers around the world in 2019. Most of this revenue came from SenseTime's Smart Business (39.2% in 2021) and Smart City (47.6% in 2021) services. SenseNet () was a company invested in by SenseTime. Executive management, business strategy and planning, strategic partnerships, startup operations, technology planning, organizational effectiveness, coaching, process development and management, social enterprise and non-profit expert. 03925319, Artificial Intelligence: Leading Technology Companies, Cybersecurity: Leading Technology Companies, Electric Vehicles: Leading Technology Companies, Strategic Alliances Announced in Last 12 Months, Special Purpose Acquisition Corps. This is the SenseTime company profile. Together they have raised over 2.6B between their estimated 4.0K employees. Even after EBITDA adjustments, the company was still losing over one hundred million dollars each of the last two years. to Profile a Minority", "Scoop: Chinese tech firm sidesteps sanctions", https://en.wikipedia.org/w/index.php?title=SenseTime&oldid=1050597878, Information technology companies of Hong Kong, Data mining and machine learning software, Articles containing Chinese-language text, Articles containing simplified Chinese-language text, Creative Commons Attribution-ShareAlike License, This page was last edited on 18 October 2021, at 20:12. Dec. 13, 2021. Going forward, we strive to empower more industries with our AI platform and build a stronger AI ecosystem together with industry and academia. 1y Target Est. Build on top of this technology to support various scenarios. Allows for auto-tagging of images and provides conceptual context information of your media. Put pictures together according to stipulated rules. The multifaceted applications of SenseTimes AI algorithms. The HKAI Lab is aimed to advance the frontiers of AI and make Hong Kong one of the global hubs for AI. Education includes a BS in finance from New York University and an MBA from Harvard University. AI Image Enlarger: Enlarger and upscale small images without losing quality. The key players covered in this report: Breakdown data in in While its competitors rely on open-source technology, SenseTime built a proprietary AI platform. We implemented the most-useful cases in the API, so you can just send a request and get a response. See how SenseTime compares to similar products. Stay one step ahead with smart technologies that help keep you connected, capture customer and guest insights, improve decision-making, and adapt to a changing economic landscape. 20 Dec, 2021, 09.49 AM IST. In May, SenseTime developed a digital makeshift hospital system, which was implemented at a temporary medical facility in Lingang, located in southeast Shanghai. It can send real-time alerts to security personnel or other people in the organization. It was during this time that a total of 43 publications were recognized by the CVPR and the International Conference on Computer Vision (ICCV). SenseTime set a record for the highest round of financing in the global AI industry: Series B raised US$410 million. Computer vision based solutions - the tech that we will see a lot in 2018 both in the end-consumer market and b2b areas. The company pledges to invest 60% of the amount raised in this IPO to enhance R&D capabilities, with 35% going to algorithm mass production infrastructure and 25% to other technologies. In March 2020, SenseTime signed an agreement with the East Nippon Expressway Company Limited (NEXCO), a highway operator in Japan, to introduce intelligent video analysis technology in NEXCOs projects. Their main target for these products is Gen Z, who appreciate the application of augmented reality and AI. The company was forced to delay . There are also various competing solutions in the Smart Auto segment. From start-ups to market leaders, uncover what they do andhow they do it. Through camera integration, key activity extraction, automated task allocation, and the generation of cus, Extreme Vision provides computer vision technology and cloud services with a focus on video analysis technology. [18], In April 2018, SenseTime, Alibaba, and the Hong Kong Science and Technology Parks Corporation (HKSTP) partnered together to form a nonprofit artificial intelligence lab in Hong Kong. Spend time together when youre miles apart. Advanced investigative facial recognition solution for law enforcement and forensic investigators. our sites and services. Junaid has received numerous national recognitions, including Bloomberg Businessweeks Top 25 entrepreneurs under 25 and Under30CEOs Top 30 Most Influential Entrepreneurs under 30. His start-ups have also been featured by Forbes, Bloomberg Businessweek, and Entrepreneur magazine. In this way, LiveLeak moderation tries to keep up the uploaded video numbers and their quality. With our roots in the academic world, we invest in fundamental research to further our understanding and advance the state of art in AI technology. AI-driven enhancement of landscapes and portraits. While facing fierce market competition, SenseTime itself also has to face the possible impact of technical ethics and data compliance. SenseTime processes video captured by China's nearly 170 million CCTV cameras across the country to help police officers identify suspects and root out potential criminals by matching faces identified in video with corresponding faces on government-issued IDs [5]. SenseTime Group Ltd: Competitors Share Discover information and data insights on SenseTime Group Ltd's key competitors and market peers. SenseTime Group top competitors are ANIWARE, AVCJ and Endovision and they have annual revenue of $202.1M and 2062 employees. Use Planner 5D for your interior design needs without any professional skills. It still raised millions", "SenseTime's potential US blacklisting stokes unease over IPO", "China's SenseTime Hong Kong IPO in limbo after U.S. blacklisting -sources", "Chinese Professor Lands $3.4 Billion Fortune With SenseTime IPO", "SenseTime shares jump 23% on debut after $740 mln Hong Kong IPO", "SenseTime, Lenovo shares jump after inclusion into Hang Seng indexes", "China's AI champion in consumer foray with US$299 chess-playing robot", "Hang Seng Indexes Announces Index Review Results", https://www.businesstimes.com.sg/companies-markets/lianhe-zaobao-inks-mou-trial-ai-technology-visual-content, "Hong Kong, Saudi Arabia sign 6 deals as Lee vows 'new level of cooperation', https://en.wikipedia.org/w/index.php?title=SenseTime&oldid=1138968890, This page was last edited on 12 February 2023, at 17:43. [33], On 27 August, SenseTime filed for IPO on Hong Kong exchange. SenseTime says that videos and 3D models like the deers let viewers access cultural relics in more immersive ways. After raising a whopping USD 410 million fund in July 2017, SenseTime further obtained a sum of USD 1.22 billion in 2018. Top 10 Alternatives & Competitors to Sensetime Browse options below. SenseTime co-hosted the 3rd International Artificial Intelligence Fair in Shanghai. The operational costs mostly come from R&D and administrative expenses. To accelerate AI's development for so many different uses, the company says it has built a "centralized mass production" infrastructure that makes it possible to "develop AI models in hours rather than in weeks.".