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Chinese AI Startup SenseTime to Raise up to $767 Million in Scaled-Back Hong Kong IPO

By Shai Oster
· · Source: Reuters

Chinese artificial intelligence startup SenseTime is on track to raise up to $767 million in a Hong Kong initial public offering, down from an earlier target of $2 billion, Reuters said. China’s biggest artificial intelligence firm, which is on a U.S. government technology blacklist, is going ahead with its IPO despite a lackluster market and questions arising from new possible Chinese...

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