SenseTime is currently the world's most valuable artificial intelligence (AI) company. It is established in Hong Kong with additional offices across China, Singapore, Japan, Abu Dhabi and the United States.
The company has a portfolio of 700 clients and partners, including the Massachusetts Institute of Technology (MIT), Qualcomm, Honda, Alibaba, Weibo, and more. It was the world's first Artificial intelligence unicorn and is valued at over $7.7 billion.
The company develops AI technologies including facial recognition, image recognition, object detection, optical character recognition, medical image analysis, video analysis, autonomous driving, and remote sensing for a variety of industries from healthcare to finance, online entertainment to education, retail to security, smart cities to smartphones, and more.
SenseTime was co-founded in October 2014 by Tang Xiao'ou, a professor of the Department of Information Engineering at the Chinese University of Hong Kong (CUHK), and computer scientist Xu Li, among others. The CUHK-SenseTime Joint Lab has published and presented more than 400 computer vision papers in the world's top academic journals and conferences, second only to Microsoft. During 2014, SenseTime unveiled its face recognition algorithms, DeepID, which was the first computer vision algorithm to have better detection accuracy than human eyes, ahead of Facebook.
SenseTime is, as of 27 November 2019, leading a committee tasked with developing a standard for facial recognition in China.