Biggest AI Startup Hits Jackpot

China’s SenseTime has just raised another $620 million, while being valued at $4.5 billion, reports Bloomberg. The injection came just months after a similar amount was pledged by Alibaba and Singapore's state investment firm. The new financing, which included Fidelity International and Silver Lake Partners, brings the total raised to $1.2 billion. Bloomberg notes that the valuation of the startup, which specializes in facial recognition AI, has tripled in a year. Both the U.S. and China are in a race to dominate the field of artificial intelligence.

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You’ve spoken and we’ve listened! We are excited to announce that the same great knowledge platform that you have come use and love over the years will be going through a rebrand and an upgrade. We believe that all good things don’t come to an end, but only evolve to be better. WikiOmni will now officially be called Knowpia. Please make sure your access is now directed to KNOWPIA.COM from all of your devices. In an effort to enhance the overall user experience, over the course of the next few months you will see a new and improved design layout with value-added features and advancements in functionality. Through extensive research & development, we know you will be happy with the new direction that we are taking to continue our vision to assemble the world’s largest platform of knowledge contributors. We thank you for taking this incredible journey with us!