Visitors experience facial recognition technology at the Megvii booth during the China Public Security Expo in Shenzhen in 2017. Photo: Reuters
Visitors experience facial recognition technology at the Megvii booth during the China Public Security Expo in Shenzhen in 2017. Photo: Reuters

Chinese AI unicorn Megvii raises US$750 million ahead of planned IPO

  • Megvii’s technology is used by the Ministry of Public Security, assisting in over 5,000 arrests of wanted criminals since 2016

Visitors experience facial recognition technology at the Megvii booth during the China Public Security Expo in Shenzhen in 2017. Photo: Reuters
Visitors experience facial recognition technology at the Megvii booth during the China Public Security Expo in Shenzhen in 2017. Photo: Reuters
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