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Facial recognition expert Megvii plans share purchase

Wednesday, December 25th, 2019

Facial recognition expert Megvii plans share purchase

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A prominent facial that is chinese provider has filed documents for a list on Hong Kong’s stock market.

Megvii – the manufacturer associated with the Face++ system – is amongst the nation’s most commonly known intelligence that is artificialAI) organizations.

Previously in 2010, A western study advised its face-checking tech had been more accurate than competing systems from Amazon and IBM.

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

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

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 software to allow people check the motorist’s identification
  • “smile-to-pay” terminals tested within KFC restaurants by Alibaba
  • the Chinese dating internet site Jiayuan, which offered an approach to immediately find faces a person had been probably be interested in centered on their choices