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Facial recognition expert Megvii plans share purchase

Facial recognition expert Megvii plans share purchase

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A leading Chinese face recognition provider has filed documents for an inventory on Hong Kong’s stock market.

Megvii – the manufacturer of this Face++ system – is amongst the nation’s most widely known synthetic intelligence (AI) organizations.

Earlier in the day in 2010, A western research recommended its face-checking technology ended up being more accurate than competing systems from Amazon and IBM.

However it comes at a right time whenever campaigners are voicing concerns about facial recognition’s usage for surveillance.

There have also reports that the White home has considered incorporating Megvii up to a trade blacklist that could avoid it making utilization of US-origin software and elements.

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

  • smart phones produced by Huawei, Xiaomi and Vivo
  • laptops produced 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 latin brides network Alibaba
  • the Chinese website that is dating, which offered a method to immediately find faces a person ended up being probably be interested in centered on their choices

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