DeepGlint is among a group of Chinese facial recognition tech companies that heavily rely on government orders. Photo: Bloomberg
Sanctions-hit Chinese facial recognition firm DeepGlint in muted trading debut in Shanghai, with US$1 billion market cap
- DeepGlint, which was added to the US government’s trade blacklist in July last year, once targeted a US$300 billion valuation
- The company’s initial trading performance paled in comparison to that of AI giant SenseTime’s debut in Hong Kong last December
DeepGlint is among a group of Chinese facial recognition tech companies that heavily rely on government orders. Photo: Bloomberg