At Megvii offices in Beijing, a designer prepares marketing material for a facial-recognition product. The company's marketing manager has said Megvii's Face program has helped police make thousands of arrests. Photo: The Washington Post

Chinese AI start-up Megvii said to plan IPO in either Hong Kong or New York to raise up to US$800 million

  • The Beijing-based artificial intelligence start-up developed the widely-used Face++
Topic |   Artificial intelligence

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At Megvii offices in Beijing, a designer prepares marketing material for a facial-recognition product. The company's marketing manager has said Megvii's Face program has helped police make thousands of arrests. Photo: The Washington Post
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Sarah Dai

Sarah Dai

Sarah Dai, based in Beijing, covers technology and capital flows in the world of start-ups in Greater China. Previously, she worked as financial correspondent for Caixin Media in Hong Kong for over two years and wrote for China Daily in Beijing and London.

Chad Bray

Chad Bray

Chad is a senior business reporter focused on finance. He has previously written for The New York Times, The Wall Street Journal and Dow Jones Newswires.