Chinese AI firm SenseTime is pushing for standards in facial recognition technology to improve trust levels in the industry. After raising $600m in a funding round in April, the Chinese start-up's CEO, Xu Li, wants the technology to be adopted across different sectors, but thinks this will only happen with regulation. Financial security or law enforcement, for instance, would need complete trust in its facial recognition, while using it for entertainment purposes could be more lax. so you can explore the future of enterprise technology in one place. The company has already been working on an app called Face ID that can identify people by their faces and then unlock doors without having to open them.
Chinese AI firm SenseTime is pushing for standards in facial recognition technology to improve trust levels in the industry. After raising $600m in a funding round in April, the Chinese start-up's CEO, Xu Li, wants the technology to be adopted across different sectors, but thinks this will only happen with regulation. Financial security or law enforcement, for instance, would need complete trust in its facial recognition, while using it for entertainment purposes could be more lax. The company has already been working on an app called Face ID that can identify people by their faces and then unlock doors without having to open them.