SenseTime snags $600m from Alibaba, becomes world’s most valuable AI startup

A "smart departure" self-service machine scans a woman's face to authenticate her identity using face recognition technology, during a demonstration by the Immigration Department at Hong Kong Airport in Hong Kong, China October 9, 2017. Picture taken October 9, 2017. REUTERS/Venus Wu

SenseTime Group Ltd. has raised $600 million from Alibaba Group Holding Ltd. and other investors at a valuation of more than $3 billion, becoming the world’s most valuable artificial intelligence startup.

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