China's facial recognition start-ups are attracting big investments

文章来源: CHINA INTELLECTUAL PROPERTY NEWS
发布时间: 2018/8/22 11:17:00

  China's facial recognition start-ups are attracting big investments at a time when Silicon Valley's giants are facing a backlash over their use of the technology. In the past week, Chinese facial recognition companies, according to a pair of reports, were close to raising as much as $1.6 billion. Those investments would build on billions of dollars that investors have already put into the companies. The investments reflect facial recognition's embrace by Beijing, which has created a better environment for companies to test the technology than in the West. And that could help China deploy advanced systems faster and more broadly than America. (China's facial recognition start-ups are attracting big investments, by The New York Times)


  Comment


  Recently,thanks to its convenience and efficiency, the facial recognition technology has been well received by the public. Chinese companies enjoy the same power as some foreign giants in advanced technology, and even show muscle in some sectors. In the future, Chinese enterprises will continue to insist on innovation.



  (Editor Li Xingyi)


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