technology

Chinese professor set to become ultra-rich with IPO of US-blacklisted AI firm

Chinese professor set to become ultra-rich with IPO of US-blacklisted AI firm

Tang Xiaoou, Founder of Chinese artificial intelligence start-up SenseTime, is about to become one of the worlds richest people after his company lists in Hong Kong this week. The 53-year-old information engineering professor holds 21% stake in SenseTime and is worth $3.4 billion, as per Bloomberg. Earlier, his company was blacklisted by the US over alleged human rights violations..

technology 2021-12-29 Inshorts