Caixin
Caixin Global – Latest China News & Headlines

Home >

ABOUT US

CX Tech is Caixin Global's real-time tech news portal, featuring 24-hour news, short-form analysis, and roundups from business and tech media in China.

World's Largest AI Startup SenseTime to Open Abu Dhabi Hub

By Bloomberg / Jul 25, 2019 03:46 AM / Business & Tech

Photo: Bloomberg

Photo: Bloomberg

China’s SenseTime Group Ltd., one of the world’s most valuable artificial-intelligence startups, is setting up a hub in Abu Dhabi for Europe, the Middle East and Africa with plans to hire hundreds of engineers.

The Chinese facial recognition firm, which counts Alibaba Group Holding Ltd. as an investor, will start work on the research and development center this year and build AI capabilities across seven industries including health care, remote sensing and education, according to a statement. The Abu Dhabi Investment Office (ADIO), which seeks to attract businesses to the emirate, will provide a support package as part of the partnership.

"The SenseTime formation team is coming to Abu Dhabi next week to establish the new office. This means we will already have a small team ramped up in 2019," said ADIO Chief Executive Officer Elham Al Qasim. “Hiring will start this year and will be boosted to around 250 jobs by the end of next year.”

Gulf Arab states are seeking to plow some of their oil and natural gas billions into technology and communications to lessen their reliance on crude and to bring home the businesses and skills to transform their economies. Earlier this month, the United Arab Emirates said it will allow foreigners to own 100% of businesses across industries.

SenseTime specializes in systems that analyze faces and images on an enormous scale and works with policing bodies, retailers and health-care researchers in China and internationally. The startup has said it experienced 400% growth in past years as it encompassed more industries, from cameras in retailer Suning’s stores to driverless cars for Honda.

Related: In Depth: Surveillance Equipment Giant Hounded by Competition, Security Concerns
Share this article
Open WeChat and scan the QR code