Chinese AI startup SenseTime seals investment deal with Qualcomm
Beijing
CHINESE artificial intelligence (AI) startup SenseTime Group said on Wednesday that it has sealed an investment from chipmaker Qualcomm Inc as part of a funding round that will close later this year.
SenseTime and Qualcomm had announced a strategic tie last month to collaborate on AI, which will see SenseTime's proprietary algorithms deployed in smart devices.
TRENDING NOW
From hawker stall to Enterprise Award winner: How Han Keen Juan scaled the Old Chang Kee empire
Haidilao co-founder’s family buys second bungalow in Cluny Hill for S$85 million
Yeo’s, Tiger Beer and now Gardenia – flight of food manufacturing from Singapore might be just as planned
Ban on land sales, new launches for developers that deliver ‘defect-ridden’ projects