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A digital media company reporting on the most promising technology-driven businesses and trends in the world's emerging markets. Bing Xu (Co-Founder & Vice President) Dr. Xu Li (Board Member) Even after EBITDA adjustments, the company was still losing over one hundred million dollars each of the last two years. SenseTime's Co-Founder & CEO, Xu Li, currently has an approval rating of 100%. To give you the best possible experience, this site uses cookies. [4][37][38][39] The company hired law firm Hughes Hubbard & Reed, which argued that the investment ban did not apply to the company's parent domiciled in the Cayman Islands. 20 Dec, 2021, 09.49 AM IST. Match a live human face picture or video to a photo bearing document automatically. By using a phone to scan the deers image on a decorative block, users could view a digital replica of the original mural. AIs rapid development is made possible by a steady pipeline of technical talent. In addition, the research maps investment possibilities, suggestions, and current trends . Here's what their competitors are saying: AInnovation claims to be a better solution than SenseTime due to: advanced AI technology and industry know-how. Source : News Agencies According to its prospectus, over two-thirds of its employees are trained scientists or engineers. Kingdee International Software Group. "[28], SenseTime is, as of 27 November 2019, leading a committee tasked with developing a standard for facial recognition in China. promoting openness in scientific communication and the peer-review process, infoqai, axuresketchps, cdn, it dream offer, . [33], In September 2021, Axios reported that SenseTime uses a subsidiary, Shanghai SenseTime, to sidestep U.S. sanctions targeting subsidiary Beijing SenseTime. Tang Xiaoou, one of SenseTimes co-founders, went to the US after graduating from the University of Science and Technology of China in 1990. With our highly efficient security system and large business data platform, we have synthesised high-quality large-scale data training sets. Tang Xiao'ou, founder of SenseTime, owns approximately 27.68% of the company through his Class A and Class B shares combined. What is the outlook for SenseTime in the . It helps auto-generate images, videos, and annotations as easily as inputting details into a form-based GUI. It has won over 70 top positions in global AI contests and authored more research papers presented in international computer vision conferences from 2015 to 2021 than any competitor. This article was adapted based on a research report by 36Kr Globals research team. SenseTime's prospectus reads like a compilation of all the buzzwords in today's technology world: Its AI algorithms are currently being used in products from enterprise software to smart city solutions to self-driving cars to consumer tech apps. 1. In April, SenseTime released a digital mural, The Dunhuang Nine-Colored Deer, based on an original painting in the Dunhuang Mogao Caves, a UNESCO World Heritage Site. Analyst Briefing Submitters are 7x more likely to receive a qualified connection. The company was forced to delay . In the consumption market highlighting mobile phone applications, ArcSoft is one of SenseTime's competitors. SenseTime, a leading artificial intelligence (AI) startup, is one of the largest AI startups in the computer vision industry. Reville has published extensively on compensation for occupationally disabled workers. * Conducted market intelligence to maintain competitiveness and profitability of product offering. SenseTime Write a Review. As a service provider, SenseTime is no stranger to global criticism that it empowers state surveillance. Learn more. Although most of the algorithms from 2.4 are still present, the interfaces can differ. Its leading AI technologies have powered many industries such as smart city, smartphone, mobile Internet, automobile, finance, retail, and robotics, etc. SenseTime installed an access control system that can rapidly measure peoples body temperatures even when they keep their masks on. build better products as a team. Acquisitions There have been no acquisitions found related to SenseTime Funding View SenseTime funding details. [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. It also has "the world's largest computer vision model with over 30 billion parameters. 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. There are also various competing solutions in the Smart Auto segment. II. Are your photos missing the mark? FFmpeg is the leading multimedia framework, able to decode, encode, transcode, mux, demux, stream, filter and play pretty much anything that humans and machines have created. An advanced and easy-to-use 2D/3D home design tool. See how SenseTime compares to similar products. One-click access to visual templates for makeover changes, facial reshaping, and post photo effects. Justin Niu, a partner at IDG, an early investor in SenseTime, told The Financial Times in January: "SenseTime and its competitors can grow so fast compared to elsewhere in the world because . Radu B. Rusu is a CEO and Co-Founder at FYUSION INC and President and CEO at Open Perception and is based in San Francisco, California. These hubs are now commonly found in cities across China. Top Competitors of SenseTime. 1y Target Est. Advanced facial recognition, which may improve lead generation and risk assessment. China had 22,191 AI researchers within its borders, fourth on the list. Work for SenseTime? If you continue browsing. Detect multiple faces in a photo simultaneously. SenseTime Japan Ltd is a company that operates in the Information Technology and Services industry. UNISINSIGHT focuses on the R&D, manufacturing, sales, and service of "video + AI" products, and reconstructs the security platform with three core technologies of artif. SenseTime, one of the world's most valuable AI companies, has already faced controversy in recent years over allegations that it has been involved in human rights violations in Xinjiang. Founded in 2014, SenseTime is a company that specializes in artificial intelligence software for facial recognition, image recognition, intelligent video analytics, autonomous driving, and medical image recognition. SenseTime is one of Chinas leading AI companies. [34], On 10 December 2021, on Human Rights Day, the United States Department of the Treasury placed the company on an investment blacklist on its IPO pricing day because of its alleged human rights abuses in Xinjiang, banning U.S. investment in the company. Founded in 2014, Sense Time went from being an academic research project to becoming one of the world's most valuable artificial intelligence companies, with a valuation of $4.5 billion USD. [40], The IPO, which had already been downsized from an expected US$2 billion to $767 million due to a PRC crackdown on tech companies, was delayed further. AllGoVision. From 2002 to 2008, he was the Director of the RAND Institute for Civil Justice, a research center dedicated to improving public policy related to liability, compensation and insurance. Education includes a BS in finance from New York University and an MBA from Harvard University. [24], SenseTime joined MIT's Quest for Intelligence campaign. SenseTime is now the largest algorithm provider in China, as well as the fifth largest AI platform. Three other co-founders and current executives Xu Li, Wang Xiaogang and Xu Bing respectively own about 2.68%, 1.68% and 1.12% of the company through their Class A and Class B shares. Please don't fill out this field. Three other co-founders and current executives Xu Li, Wang Xiaogang and Xu Bing respectively own about 2.68%, 1.68% and 1.12% of the company through their Class A and Class B shares. From start-ups to market leaders, uncover what they do andhow they do it. The company has built AI schools and libraries to process data for deep learning, as well as a large AI computing center in Shanghai that can process 23,600 years runtime worth of video content in a single day. Extreme Vision claims to be a better solution than SenseTime due to: we have about 210k developers to develop algorithm. Need more information? Lets create our first album. Videosigns unique combination of online video meetings, secure digital signing, innovative ID&V, and robust compliance features help you to close more business and offer a better customer experience while saving time and money. [16], In November 2017, SenseTime set up a 'smart policing' company with Leon, a major supplier of data analysis and surveillance technology in Xinjiang. Singapore. All content is posted anonymously by employees working at SenseTime. Among them, 188,300 were based in the United Statesthe largest share. AI Image Enhancer: Enhance the image color and contrast based on machine learning. Dull colors, lackluster lighting, and blotchy skin don't have to stay that way. CBI websites generally use certain cookies to enable better interactions with our sites and services. SenseTime's top 15 competitors are YITU, Megvii, Kairos, DeepGlint, Cognitec, Qianshitong, FaceFirst, Shenzhen Extreme Perspective Technology Co., Ltd., Percent, 6Estates, Moviebook, Sightcorp, Shukun, 12 Sigma Technologies Ltd. and Yizhun Intelligent. Channels section is an important Effortless portrait enhancement. UBTECH not only focuses on the technology research, development and application of AI a, YITU Technology works in the Artificial Intelligent (AI) fields such as computer vision, speech recognition, natural language processing, intelligent decision-making an. Aug. SenseTime launched an AI-based smart health lab in New Jersey, United States. The global Artificial Intelligence (AI) market size was valued at USD 47878.36 million in 2021 and is expected to expand at a CAGR of 40.04% during the forecast period, reaching USD 361042.93 Learn more. SenseTime says that videos and 3D models like the deers let viewers access cultural relics in more immersive ways. [25], SenseTime has a large high-performance computing network which supports its development and fielding of AI applications. [1] Since 2019, SenseTime has been repeatedly sanctioned by the U.S. government due to allegations that its facial recognition technology has been deployed in the surveillance and internment of the Uyghurs and other ethnic and religious minorities. 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. Panoweaver 10 adopts Easypano's latest intelligent stitching algorithm. Its subsidiary, Beijing SenseTime, was added to a U.S. trade blacklist in 2019 and now faces restrictions in accessing American. A data leakage scandal occurred in 2019 and destroyed the company's reputation. SenseTime, founded in October, 2014 and headquartered in Shanghai, is an artificial intelligence and AI algorithm provider. Use the 2D mode to create floor plans and design layouts with furniture and other home items, or switch to 3D to explore and edit your design from any angle. That means expanding into more industry verticals and finding more enterprise-level application scenarios, both domestically and internationally. DxO ViewPoint automatically fixes skewed perspectives and restores subjects on the edges of the frame to their natural shape with just one click. Anti-spoofing is provided through "liveness" testing without the need for a stereo or 3D camera. You seem to have CSS turned off. Most of this revenue came from SenseTime's Smart Business (39.2% in 2021) and Smart City (47.6% in 2021) services. The AI sector is becoming increasingly competitive. Computer vision based solutions - the tech that we will see a lot in 2018 both in the end-consumer market and b2b areas. SenseTime also saw many additional partnerships with global industry leaders and major municipalities. Funding: $119.9M. SenseTime is a leading global company focused on developing AI technologies that advance the world's economies, society and humanity for a better tomorrow. SenseTime Megvii Cloudwalk Aurora Insigma Group . Alternatives to SenseFoundry. Reville received his Ph.D. in economics from Brown University. This is because rivalry forces competitors to produce superior performance. SenseTime relaunches Hong Kong IPO to raise $767 million. It completed 12 rounds of financing and raised more than RMB 35 billion (USD 5.22 billion) before its IPO in Hong Kong. Even though the user may not realize the complexity of the tasks being processed, it takes months for a team of engineers to implement a single algorithm. Study In Albania For International Students, Ge Profile Counter Depth French Door Refrigerator, Part Time Photography Assistant Jobs London. At RAND, he conceived and led the liability catastrophe R&D project that provided the foundation for Praedicat. [41][42] On 13 December, SenseTime announced that it will postpone its IPO. The deep learning and computer vision technologies we have developed are already powering industries spanning across education, healthcare, smart city, automotive, communications and entertainment. According to Similarweb data of monthly visits, sensetime.coms top competitor in January 2023 is megvii.com with 50.7K visits. Last but not least, AI is a crowded sector in China, where SenseTime not only faces competition from the other AI dragons, but also Big Techs like Baidu and Huawei. In terms of algorithms, many of them are open source, so the top 20 companies aren't quite different from each other when it comes to applying their technologies to daily scenarios; in terms of processing power, it depends on the microchips, where SenseTime also doesn't have an advantage." [32], In August, SenseTime filed for IPO on Hong Kong Stock Exchange and, in November, received regulatory approval to list. SenseTime Group top competitors are ANIWARE, AVCJ and Endovision and they have annual revenue of $202.1M and 2062 employees. Extreme Vision claims to be a better solution than SenseTime due to: we have about 210k developers to develop algorithm. Tunicorn Technology is an artificial intelligence company that develops computer vision, with its core technologies covering fields including image/video search, image/video recognition, face recognition, motion tracking, and machine vision. DeepThink is an AI technology services provider. SEHK:1675 HK$12.9b. [21], 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. The operational costs mostly come from R&D and administrative expenses. AI Giant SenseTime Wins Nod for Over $1 Billion Hong Kong IPO. Unlock even more features with Crunchbase Pro . According to a Frost & Sullivan report commissioned by SenseTime, SenseTime is currently the largest AI software provider in Asia by revenue. Tunicorn Technology is an artificial intelligence company that develops computer vision, with its core technologies covering fields including image/video search, image/video recognition, face recognition, motion tracking, and machine vision. Brief our analysts to claim your profile. The startup plans to sell 1.5 billion shares in the IPO, with the final price due to be set on Thursday. Tang Xiao'ou, founder of SenseTime, owns approximately 27.68% of the company through his Class A and Class B shares combined. Face biometrics solution where identity is verified remotely. Radu attended TUM between 2005 and 2009. SenseTime will need to be very careful about its data storage and transfer practices to stay in the safe zone. SenseTime 's top competitors include Lauretta.io, Extreme Vision, and Kneron. [14] The following month, the Shanghai Municipal Government signed a strategic alliance agreement with SenseTime. Brief our analysts to claim your profile. Out of those apps, five have more than 500 million monthly active users. SenseTime was entrusted by the Ministry of Science and Technology of China to establish the National Open Innovation Platform for Next-Generation AI after Alibaba Cloud, Baidu, Tencent and iFLYTEK. Three other co-founders and current executives Xu Li, Wang Xiaogang and Xu Bing respectively own about 2.68%, 1.68% and 1.12% of the company through their Class A and Class B shares. A considerable amount of investment is dependent on this answer. Tell the album to build a model itself using the labeled images. 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. Claim your profile to get in front of buyers, investors, and analysts. [47], On August 19, Hang Seng Indexes included SenseTime in the Hang Seng China Enterprises Index and increased its weighting in Hang Seng TECH Index from 0.15 to 1.76. Orbo is an AI-enabled facial technology and computer vision startup. The oldest company is Indiana CTSI, founded in 2008. Forecast industry changes, understand your audience and your competition while growing your market share with Similarweb's Traffic Intelligence Solutions. Though the online tool, input a URL and well tell you if it contains any celebrities. Even as the United States maintains its lead in semiconductors, cutting-edge Subsequently to Baxter, Richard founded companies in both managed care and laboratory services, and was also the CEO of Visible Genetics (NASDAQ: VGIN), the pioneer in laboratory-based gene sequencing and bioinformatics. SenseTime also developed the SenseStudy AI Experimental Platform, AI laboratory and educational robots based on its proprietary deep learning platform SenseParrots. V-OS App Protection solution can detect and protect the mobile app from threats, such as reverse-engineering, hooking, tampering, app integrity checks, library signature validation, code-injection, debugging and more. Categories in common with Sensetime: YITU Technology works in the Artificial Intelligent (AI) fields such as computer vision, speech recognition, natural language processing, intelligent decision-making and AI chips. Xailient lowers the costs and improves the performance of computer vision with software that optimizes the processing of AI across devices, from camera to cloud. In the past three years, SenseTime has received $31 million, $38 million and $54 million in subsidies respectively. [30], On 9 July, SenseTime appointed Liu Cixin as advisor to its sci-fi research project. Here's what their competitors are saying: AInnovation claims to be a better solution than SenseTime due to: advanced AI technology and industry know-how. 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. 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. Admar Gonzaga, 440 Itacorubi - Florianpolis / SC 88034-000 - Brasil, 20, Oskar-von-Miller-Ring, 01-102, 80333 Munich, Otemachi Building 2F, 1-6-1 Otemachi, Chiyoda-ku, Tokyo, 100-0004, Similarweb LTD 2023 All Rights Reserved. That means we can pass the savings on to you! SenseTime is a leading AI software company focused on creating a better AI-empowered future through innovation. Richard has three decades of experience in building companies in healthcare and genomics, including 13 years at Baxter Laboratories. Product Designer | MDes@IIT ID | ex. SenseTime has since postponed the launch. Its visual recognition algorithms are used in various i, Kneron focuses on the design and development of integrated software and hardware on-device edge artificial intelligence (AI) solutions for smart homes, smart surveillan, Cloudwalk (688327.SH) is a computer vision company that develops hardware and software-based facial recognition technology, which is applied in the financial, public se, Chooch AI develops computer vision training with machine learning for Visual AI. UBTECH not only focuses on the technology research, development and application of AI a, YITU Technology works in the Artificial Intelligent (AI) fields such as computer vision, speech recognition, natural language processing, intelligent decision-making an. Intelligently recognize your face, locate facial features and provide various common beautification functions: skin whitening, eye enlarging, lip gloss, hair coloring and so on. of employees XXXX Revenue XXXX Entity type Public Junaid is a serial entrepreneur and physician. View All Competitors & Alternatives SenseTime Service Providers 1 Service Provider SenseTimehas1service provider relationship View All Service Providers But different scenarios may require different automation solutions, so SenseTime developed a smart city AI hub equipped with face and vehicle recognition, crowd analysis, and event detection tools. Products inspired by traditional Chinese culture have become increasingly popular among Chinese consumers. 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. Compare SenseTime to its competitors by revenue, employee growth and other metrics at Craft. SenseTime co-hosted the 3rd International Artificial Intelligence Fair in Shanghai. UNISINSIGHT focuses on the R&D, manufacturing, sales, and service of "video + AI" products, and reconstructs the security platform with three core technologies of artif. It plans to expand its businesses in countries such as Japan, Malaysia, the United Arab Emirates, Thailand, and Singapore. By continuing to use this site you are consenting to these choices. Since SenseTime sprung out of the Chinese University of Hong Kong's multimedia lab in 2014, the startup's valuation has increased to $4.5 billion. Put pictures together according to stipulated rules. you accept our use of cookies. But SenseTime argues that only Beijing SenseTime, a corporate subsidiary, was blacklisted, while the other subsidiaries like Shanghai SenseTime and Shenzhen SenseTime should remain unimpacted. Cytora. Maintain a smart image at all times with AI-engine powered appearance optimization tools, and set the perfect video light settings fast. Top 10 Alternatives & Competitors to Sensetime for Enterprise Businesses. A launch of the deal before the year-end would put SenseTime - backed by SoftBank Group, Temasek Holdings and Alibaba Group Holding, the owner of the Post - in potential competition with . 2.78. It also says it will fight for Beijing SenseTime to be removed from the list "as soon as an appropriate opportunity arises.". QYResearch2022 2029 2023-2029CAGR %2023-2029 . One of SenseTime's core businesses is Smart City, which involves using AI algorithms to help municipal governments better manage their residents. which gives us an edge over competition. Leveraging AI technology, YITU is empowering diverse industries. Milton Gate - 7th Floor 60 Chiswell St, London EC1Y 4SA, Derech Yitzhak Rabin 33, Givatayim, 5348303, Israel, 800 District Avenue, 1st Floor Burlington, MA 01803, 218 Northwest 24th Street33127, 3rd Floor offices 303 and318, 16 East 34th Street, 15th Floor, New York, NY 10016, 1900 Reston Metro Plaza 5th and 6th Floor, Reston, VA 20190, 600 California St, 12th Floor, 12-039 San Francisco, CA 94108, WeWork 50 Miller St, North Sydney, NSW 2060, Rua Jaceru, 225 - Vila Gertrudes, So Paulo - SP, 04705-000, Rod. According to a Frost & Sullivan report commissioned by SenseTime, SenseTime is currently the largest AI software provider in Asia by revenue. The Hatchworks analysts have done due diligence about the upcoming SenseTime IPO.. SenseTime has raised $2.67B so far and aiming for more. In addition, mergers . Blacklist Report", "SenseTime rejects US blacklisting claims that threaten to scuttle IPO", "China's communist authorities are tightening their grip on the private sector", "Face Recognition Tech Beats Facebook DeepFace", "Engineering team won in the ImageNet Large Scale Visual Recognition Challenge", "SenseTime and Qualcomm to Collaborate to Drive On-Device Artificial Intelligence", "Honda is working with Chinese AI unicorn SenseTime on self-driving tech", "China's SenseTime sells out of Xinjiang security joint venture", "MIT Cuts Ties With a Chinese AI Firm Amid Human Rights Concerns", "Alibaba's newest initiative aims to make Hong Kong a global AI hub", "SenseTime Debuts in Singapore by Signing Memoranda of Understanding with Local Giants NTU, NSCC and Singtel", "SenseTime Establishes Smart Medical R&D Lab in New Jersey", "CUHK Participates in the Initiation of "Global AI Academic Alliance", "Beijing recruits Hong Kong artificial intelligence start-up SenseTime to lead tech drive", "Hong Kong's SenseTime Considers $1 Billion Capital Raise", "MIT and SenseTime Announce Effort to Advance Artificial Intelligence Research", "One Month, 500,000 Face Scans: How China Is Using A.I. The search company recently partnered with Shopify, Square and others to create a sort of anti-Amazon alliance in e-commerce. Rivals that have direct and indirect competition with SenseTime globally include Yitu . Have you found what you were looking for? Camvi's real-time video recognition system identifies multiple faces in live videos, even under imperfect conditions. He co-founded SenseTime with Xu Li, who earned his doctorate at CUHK, later that year.