Tag: shanghai
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SenseTime Raises US$600 Million in Series C Funding
BEIJING, April 9, 2018 /PRNewswire/ — SenseTime (the “Company”), China’s leading artificial intelligence (AI) company, has successfully raised US$600 million in its Series C round of funding. Alibaba Group is taking the lead role for this round of funding and other participants include Temasek and Suning. As the Company set a record by raising US$410…
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Beijing best city for innovation in China
The Ministry of Science and Technology published two reports on Wednesday about China’s innovation status in 2016 and 2017. One evaluates the overall innovation capability, and the other is a detailed ranking and analysis of each province’s innovation conditions and resources, from funding to market. According to the reports, China’s top five most-innovative municipalities and…