Alibaba Group Holding Ltd. has reportedly invested RMB1.5 billion (US$227 million) in SenseTime, a Beijing-based Chinese artificial intelligence company specializing in facial and image recognition technology and its application. The round supposedly valued SenseTime at US$3 billion, post-money. The company, a unicorn listed on China Money Network’s China Unicorn List, was previously valued at US$1.5 billion when it raised aUS$410 million funding round led by CDH Investments and Sailing Capital in July. If true, it means the company’s valuation has …

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