SenseTime surveillance software identifying details about people and vehicles runs as a demonstration at the company’s office in Beijing on, October 11, 2017. Photo: Reuters
SenseTime postpones US$768 million IPO in Hong Kong after US blacklists AI firm on human rights grounds
- China’s largest AI firm said it would postpone its Hong Kong IPO after the US barred American investors from owning shares in the firm
- Washington blacklisted SenseTime over alleged human rights abuses in Xinjiang, which the AI firm called ‘unfounded,’ based on a fundamental misperception of the company
SenseTime surveillance software identifying details about people and vehicles runs as a demonstration at the company’s office in Beijing on, October 11, 2017. Photo: Reuters