Chinese AI startup SenseTime eyes global expansion to sustain growth

Chinese AI startup SenseTime eyes global expansion to sustain growth

Cameras for SenseTime Group Ltd.'s autonomous driving system are mounted inside a Lincoln Motor Co. MKZ sedan during a test-drive in Hangzhou, China, on Thursday, Sept. 6, 2018. SenseTime's image-identifying algorithms have made it the world's most valuable AI startup and an early leader in China, where it's won contracts with the country's top phonemakers, largest telecommunications company, and biggest retailer. Photographer: Qilai Shen/Bloomberg

SenseTime Group Ltd., the world’s most valuable artificial intelligence startup, plans to sustain growth by expanding globally and diving deeper into arenas from autonomous cars to health care.

The company counts education, self-driving vehicles as well as surgery and diagnostics among areas ripe for commercializing AI, Managing Director Esther Wong said. It’s now actively seeking out investments in fellow startups that can benefit from its own technology, she told the Bloomberg Invest Asia forum in Hong Kong.

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