GettyMegvii, the company behind the facial recognition technology being used to track Muslims in Xinjiang has announced a $750 million fundraise ahead of a potential IPO. Last month, the New York Times reported that the Xinjiang authorities "are using a vast, secret system of advanced facial recognition technology to track and control the Uighurs... The Chinese A.I. companies behind the software include Yitu, Megvii, SenseTime, and CloudWalk, which are each valued at more than $1 billion." With facial recognition that means identifying individuals and also identifying races.

Source: Forbes May 08, 2019 16:17 UTC