Venture Capital
SenseTime, the world’s highest valued private artificial intelligence (AI) company, has announced the completion of a US$620 million series C+ funding round, led by Fidelity International, Hopu Capital, Silver Lake and Tiger Global. Shenzhen Capital Group Co., Ltd., Bank of China Group Investment Limited, Qualcomm Ventures and others also participated in the round, according to SenseTime’s announcement. With the latest round, SenseTime has raised total financing of more than US$1.6 billion, the highest globally for a private AI company. The … Chinese Artificial Intelligence Start-up SenseTime Raises $620M Series C+ Round appeared first on China Money Network.