Money keeps pouring into China’s fast-growing artificial intelligence startups. Facial recognition technology provider Megvii, also known as Face++, is in talks to raise at least $600 million from investors including Alibaba, Bloomberg reports. Another Alibaba-backed facial recognition startup, SenseTime, is in talks with SoftBank’s Vision Fund about a possible investment of nearly $1 billion,...
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U.S. Tech Should Support TikTok at This Moment
If Steve Martin were to remake his 1984 film “Lonely Guy” this year, he could center it around Shou Zi Chew, CEO of TikTok. It’s a paradox that the executive leading one of the most popular apps in the U.S. is basically on his own as he fights the threat of a ban from both the Biden administration and congressional opponents. The few people who have publicly come out in support of TikTok...
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