Facial recognition expert Megvii plans share purchase

Facial recognition expert Megvii plans share purchase

Facial recognition expert Megvii plans share purchase

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A prominent Chinese face recognition provider has filed documents for a list on Hong Kong’s stock market.

Megvii – the manufacturer of this Face++ system – is just one of the nation’s most widely known intelligence that is artificialAI) organizations.

Previously this present year, A western research recommended its face-checking technology ended up being more accurate than competing systems from Amazon and IBM.

Nonetheless it comes at time whenever campaigners are voicing issues about facial recognition’s usage for surveillance.

There are also reports that the White House has considered Megvii that is adding to trade blacklist that could avoid it making usage of US-origin software and elements.

Face++ has been utilized in consumer-focused equipment, including:

  • smart phones produced by Huawei, Xiaomi and Vivo
  • laptop computers created by Lenovo
  • Didi Chuxing’s ride-hailing application to allow people check out the motorist’s identification
  • „smile-to-pay” terminals tested within KFC restaurants by Alibaba
  • the Chinese website that is dating, which offered an approach to immediately find faces a person had been apt to be interested in centered on their choices

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