Chinese AI Unicorn Megvii Targets $500 Million in New Funding | Synced

According to Reuters, leading Chinese AI unicorn Megvii Technology (also known as Face++) has begun raising a new round of funding with a target of US$500 million. This would will bring the company...

By · · 1 min read

Source: Synced | AI Technology & Industry Review

According to Reuters, leading Chinese AI unicorn Megvii Technology (also known as Face++) has begun raising a new round of funding with a target of US$500 million. This would will bring the company’s value to an estimated US$3.5 billion.