Alibaba Joins $600 Million Round for AI Startup Megvii – Bloomberg

Bloomberg
Alibaba is ramping up its investment in China’s largest artificial intelligence startups, hoping to employ the technology across its growing internet and retail empire. Megvii provides face-scanning systems to companies including Lenovo Group Ltd. and
Alibaba joins US$600 million fundraising round for AI start-up Megvii, sources saySouth China Morning Post

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Source:: Startup Tech News From Google News

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