SenseTime co-founder dies, casting shadow over Chinese facial recognition giant

The billionaire founder of Chinese AI company SenseTime, Tang Xiao’ou, died last Friday due to health issues, the firm said in a statement.

SenseTime is known as one of China’s “four little dragons” of AI, along with fellow facial recognition-providers Cloudwalk Technology, Megvii and Yitu. SenseTime’s shares plunged as much as 18.25 percent to an all-time low on Monday morning, before narrowing losses to about 11 percent as the session closed, Hong Kong’s state broadcaster RTHK reports …

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