China's AI startup SenseTime plans IPO, U.S. R&D centre as early as 2018

China's AI startup SenseTime plans IPO, U.S. R&D centre as early as 2018

SenseTime Co-Founder Xu Chiheng demonstrates surveillance software of his company on a laptop at the SenseTime office in Beijing, China, October 11, 2017. REUTERS/Thomas Peter/File Photo

Chinese artificial intelligence (AI) start-up SenseTime Group, valued at more than $2 billion, is planning an IPO and aims to open a U.S. research and development centre as early as next year, its founder told Reuters.

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