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. Found inside Page 524we are dealing here with an instinctive or innate ability of the organism to sense time. SeetaTech is a computer vision company that provides face recognition, UAV vision, video structural analysis, and other deep learning technologies. Although most of the algorithms from 2.4 are still present, the interfaces can differ. Camvi's real-time video recognition system identifies multiple faces in live videos, even under imperfect conditions. Vinicy Chan, Pei Li and Julia Fioretti, Bloomberg News. [28], In October 2019, SenseTime was placed on the United States Bureau of Industry and Security's Entity List for using its technology for human rights abuses in Xinjiang. Despite growing revenue, the company has always run a deficit. 2022 Harvard-MIT-Stanford FUTURE TECH STARTUP COMPETITIONFinal Round Finalist Award KrASIA is authorized to translate, adapt, and publish its contents. We implemented the most-useful cases in the API, so you can just send a request and get a response. Fu Yingwen, analyst at investment research firm EqualOcean, On why SenseTime doesn't have an economic moat: "In the field of computer vision, [the competition] comes down to algorithms and processing power. of your competitors and gain a deep understanding of the competitive situation. As one of the leading AI developers in China, SenseTime has repeatedly wooed investors. In 2020, SenseTime was the largest AI company in Asia by revenue. 2K followers . [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. [38][39], In September 2021, Axios reported that SenseTime uses a subsidiary, Shanghai SenseTime, to sidestep U.S. sanctions targeting subsidiary Beijing SenseTime. 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. [50], Last edited on 12 February 2023, at 17:43, Conference on Computer Vision and Pattern Recognition, International Conference on Computer Vision, Hong Kong Science and Technology Parks Corporation, "Meet The World's Most Valuable AI Startup: China's SenseTime", "U.S. Blacklists 28 Chinese Entities Over Abuses in Xinjiang", "SenseTime to Delay Hong Kong IPO After U.S. SenseTime frequently hires postgraduates from top Chinese universities and attracts experienced employees from other tech enterprises, including Microsoft, Google, Lenovo, and Baidu. The change detection task in this competition can be decomposed into two sub-tasks: binary segmentation of changed and unchanged areas. Alibaba, SenseTime Chicago, Illinois, United States. Found inside Page 69This strategy brings forward a competition between the members in terms of being the best leaker. The oldest company is Indiana CTSI, founded in 2008. Analyst Briefing Submitters are 7x more likely to receive a qualified connection. SenseTime has offices in Hong Kong, Kyoto, Tokyo, Singapore, Riyadh, Abu Dhabi, and Dubai. SenseTime has won awards to back this up. SenseTime is the world's most valuable artificial intelligence (AI) unicorn focused on computer vision and deep learning technologies. Detect multiple faces in a photo simultaneously. By using a phone to scan the deers image on a decorative block, users could view a digital replica of the original mural. By Dr Li Xu, Co-founder & CEO of SenseTime | Sensetime was set up in 2014, and is China's largest artificial intelligence (AI) unicorn focused on . SenseTime's primary competitors are YITU, Megvii & Kairos. Usability testing and analytics platform for UX teams. (From 2018 to 2019, its annual revenue grew 63%.) The AI company did not disclose the size of the deal but is. Competitors: Unknown. Acquisitions There have been no acquisitions found related to SenseTime Funding View SenseTime funding details. 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. Found inside Page 107As of 2019, research results from companies such as Tencent, SenseTime, and Sogou have topped the competition. We have presences in markets including Hong Kong, Mainland China, Japan, Singapore, South Korea, Indonesia, Saudi Arabia, the United Arab Emirates, Taiwan and Macau. In May 2019, SenseTime published the AI textbook in traditional Chinese as well, for students in Taiwan, Hong Kong and Macau. MEGVII, an AI company based in China, develops Face++, a computer vision technologies platform that enables applications to read and understand the world better. competitor is IBM Intelligent Video Analytics aimed at security and safety, whose key strengths could be accurately detecting changes to patterns. In Oct 2019, the U.S. Commerce Department added SenseTime to a trade blacklist over national security concerns and foreign policy interests, blocking the company from purchasing components and technologies from U.S. companies. MEGVII, an AI company based in China, develops Face++, a computer vision technologies platform that enables applications to read and understand the world better. 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. Found inside Page 67Three environmental pressures directly affected the development of Dewey and Whitehead: the districts' accountability needs; the competition for resources in a difficult fiscal environment; and the effects of public visibility. Linklogis. SenseTime 's top competitors include Lauretta.io, Extreme Vision, and Kneron. We have code examples for most of them, so you can just copy the code and paste it into your project. Build on top of this technology to support various scenarios. you accept our use of cookies. Need more information? Leveraging AI technology, YITU is empowering diverse industries. There's no less hostility on the other side of the Pacific Ocean. [15] In December 2017, Honda and SenseTime signed a collaboration agreement. See how SenseTime compares to similar products. SEHK:2013 HK$14.6b. Preliminary funding for start-ups will be provided by Alibaba while SenseTime will offer access to its deep-learning resources. Customizable welcome page for business promotion. Read More. Study In Albania For International Students, Ge Profile Counter Depth French Door Refrigerator, Part Time Photography Assistant Jobs London. According to Similarweb data of monthly visits, sensetime.coms top competitor in January 2023 is megvii.com with 50.7K visits. Upholding a vision of advancing the interconnection of physical and digital worlds with AI, driving sustainable productivity growth and seamless interactive experiences, SenseTime is committed to advancing AI research, developing scalable on the influence of low-temperature on soybean plants. SenseTime's IPO was the most high profile listing for HSBC this year, which was a joint sponsor with China International Capital Corporation (CICC) and Haitong International. 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. 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. SenseTime will need to be very careful about its data storage and transfer practices to stay in the safe zone. It provides advanced technologies and products in several sectors including intelligent city, smart finance, intelligent healthcare, smart retail, AI chips and AI pharmaceuticals. He served for two terms on the Board of Scientific Counselors of the National Institute for Occupational Safety and Health, Centers for Disease Control and Prevention. GUANGZHOU, China One of China's top artificial intelligence firms SenseTime has filed for an initial public offering in Hong Kong. Crunchbase is the leading destination for company insights from early-stage startups to the Fortune 1000. The most advanced computer vision and analytics system for automated proctoring. SenseTime is one of Chinas leading AI companies. Forecast industry changes, understand your audience and your competition while growing your market share with Similarweb's Traffic Intelligence Solutions. Even as the United States maintains its lead in semiconductors, cutting-edge 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. The prior year's competitors included Beijing-based Faceall Technology Co., Ltd., a company providing face recognition for "smart city" applications. From classmates to co-founders, Chinese AI champion Megvii started on campus. Verify your website's traffic and engagement metrics by connecting to Google Analytics, megvii/top,,,,,,,aiotai, ,,. China had 22,191 AI researchers within its borders, fourth on the list. sensetime is a leading global ai company that develops ai technologies. 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. Allows for auto-tagging of images and provides conceptual context information of your media. The AI sector is becoming increasingly competitive. SenseTime's top competitors include Lauretta.io, Extreme Vision, and Kneron. Some modules have been rewritten, some have been reorganized. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. In 2020, SenseTime has 848 new customers for its smart business business, which is only an increase of 1% compared with 834 in 2019. SenseTime has more than 2,400 customers and its technology is also used on more than 450 million smartphones and 200 apps. No need to think about storage and algorithms. 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. SenseTime, which was founded in 2014 in Hong Kong, is best known for its facial recognition software. On December 30, 2021, when the companys shares started to trade on the Hong Kong Stock Exchange, it raised another HKD 5.775 billion (USD 735.9 million) with a market capitalization of HKD 140 billion (USD 17.84 billion). Are your photos missing the mark? 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. 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]. According to its prospectus, over two-thirds of its employees are trained scientists or engineers.