SenseTime Group

SenseTime co-founder sees US far ahead in computing resources, but China and Asia will close the gap over time.

The future of China’s largest artificial intelligence company was thrown into question last year when it was blacklisted by the Trump administration.

SINGAPORE (Oct 21): The euphoria surrounding the so-called Phase 1 of what promises to be a long-drawn-out multi-pronged trade deal between two of the world’s largest economies, the US and China, did not last long. A week after Beijing and Washington ag

(Sept 6): SenseTime Group’s valuation surpassed US$7.5 billion this year after securing investment from backers like SoftBank Group, yet the world’s largest AI startup said it’s in no hurry to go public.

(Nov 25): Temasek Holdings, Singapore’s state investment firm, is setting up new groups to explore opportunities in artificial intelligence and blockchain technologies.

(Apr 9): SenseTime Group has raised US$600 million ($789 million) from Alibaba Group Holding and other investors at a valuation of more than US$3 billion, becoming the world’s most valuable artificial intelligence startup.