China’s computer vision unicorns face challenges on many fronts as they expand beyond surveillance: SCMP report

  • New report from SCMP Research delves into computer vision unicorns that have made global headlines against the backdrop of US-China tech rivalry
  • Companies such as Megvii, SenseTime and Yitu are expanding from surveillance into areas such as retail, health care, finance and more

The South China Morning Post’s China AI Deep-Dive: Computer Vision Report finds that the main challenge for the country’s unicorns is to now expand their CV business beyond surveillance. Photo: SCMP

A new report by the South China Morning Post finds that while the country’s computer vision (CV) industry is growing rapidly, market leaders such as SenseTime, Megvii and Yitu are facing a growing number of challenges, both at home and overseas as tech rivalry increases with the US.

The China AI Deep-Dive: Computer Vision Report, released this week, finds that the main challenge for the country’s computer vision champions is to expand their expertise in this branch of artificial intelligence from mainstays such as surveillance and security into areas such as retail, finance, health care and autonomous vehicles.
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