Company:Yitu Technology

From HandWiki
Short description: Chinese facial recognition company
Shanghai Yitu Network Technology Co., Ltd.
Yitu Technology
Native name
依圖科技
IndustryArtificial intelligence; facial recognition systems
Founded2012; 12 years ago (2012)
FounderLeo Zhu
Headquarters701 Yunjin Rd, Xuhui District, Shanghai
Website{{{1}}}

Yitu Technology, stylized as YITU, is a Shanghai-based artificial intelligence company that develops facial recognition systems. The company was founded in 2012 by Leo Zhu and Lin Chenxi.[1] Yitu's software, branded as Dragonfly Eye, is used by public security bureaus throughout China to identify individuals and vehicles.[1] Leo Zhu, the company's CEO, received his Ph.D. in statistics from University of California, Los Angeles and conducted post-doctoral research at the MIT Computer Science and Artificial Intelligence Laboratory.[1] Yitu is financially backed by the Industrial and Commercial Bank of China, Sequoia Capital, and Hillhouse Capital.[2][3][4] Yitu's chief operating officer, Zhang Xiaoping, also serves as the chief investment officer of G42.[5]

History

In 2017, Yitu took first place in a contest for facial recognition algorithms held by the Office of the Director of National Intelligence.[6] In 2018, Yitu partnered with Huawei to enhance its smart cities projects.[7][8] The same year, Yitu established an office in Singapore and inked a deal with the Royal Malaysia Police for facial recognition software.[4] In 2019, the Chinese government named Yitu one of its "national champions" in artificial intelligence.[9] In 2021, Yitu withdrew its initial public offering application on the Shanghai Stock Exchange STAR Market following regulatory scrutiny and announced its intention to list on the Hong Kong Stock Exchange.[3]

US sanctions

In October 2019, the United States Department of Commerce added Yitu to the Entity List for alleged involvement in human rights abuses in Xinjiang.[10][11] In December 2021, the United States Department of the Treasury added Yitu to its "Chinese military-industrial complex companies" (CMIC) blacklist.[12] In January 2024, the United States Department of Defense named Yitu on its list of "Chinese Military Companies Operating in the United States."[13]

See also

  • Mass surveillance in China

References

  1. ↑ 1.0 1.1 1.2 Lentino, Amanda (May 16, 2019). "This Chinese facial recognition start-up can identify a person in seconds". CNBC. https://www.cnbc.com/2019/05/16/this-chinese-facial-recognition-start-up-can-id-a-person-in-seconds.html. 
  2. ↑ Mozur, Paul (April 14, 2019). "One Month, 500,000 Face Scans: How China Is Using A.I. to Profile a Minority". The New York Times. https://www.nytimes.com/2019/04/14/technology/china-surveillance-artificial-intelligence-racial-profiling.html. 
  3. ↑ 3.0 3.1 "AI Firm Yitu Said to Mull Hong Kong IPO After Shanghai Plan Halt" (in en). Bloomberg News. 2021-08-19. https://www.bloomberg.com/news/articles/2021-08-19/ai-firm-yitu-said-to-mull-hong-kong-ipo-after-shanghai-plan-halt. 
  4. ↑ 4.0 4.1 "Malaysian police adopt Chinese AI surveillance technology". Nikkei Asia. April 18, 2018. https://asia.nikkei.com/Business/Companies/Chinas-startup-supplies-AI-backed-wearable-cameras-to-Malaysian-police. 
  5. ↑ Wong, Edward; Mazzetti, Mark; Mozur, Paul (January 9, 2024). "A.I. Giant Tied to China Under Scrutiny". The New York Times. https://www.nytimes.com/2024/01/09/us/politics/ai-china-uae-g42.html. 
  6. ↑ Mozur, Paul (2018-07-08). "Inside China's Dystopian Dreams: A.I., Shame and Lots of Cameras" (in en-US). The New York Times. ISSN 0362-4331. https://www.nytimes.com/2018/07/08/business/china-surveillance-technology.html. 
  7. ↑ "Mapping more of China's tech giants: AI and surveillance". 28 November 2019. https://www.aspi.org.au/report/mapping-more-chinas-tech-giants. 
  8. ↑ "华为携手依图发布全景式人脸识别解决方案" (in zh). March 29, 2018. https://www.huawei.com/cn/press-events/news/2018/3/huawei-yitu-facial-recognition-solution. 
  9. ↑ Dai, Sarah (August 30, 2019). "China adds Huawei, Hikvision to expanded 'national team' spearheading country's AI efforts". South China Morning Post. https://www.scmp.com/tech/big-tech/article/3024966/china-adds-huawei-hikvision-expanded-national-team-spearheading. 
  10. ↑ Kwan, Campbell (October 7, 2019). "US blacklists 28 Chinese entities, citing their role in repressing Uyghur Muslims". ZDNet. https://www.zdnet.com/article/us-blacklists-28-chinese-entities-over-treatment-of-uyghur-muslims-hikivision-and-dahua-among-them/. 
  11. ↑ "China's leading AI start-ups hit by US blacklisting". Financial Times. October 8, 2019. https://www.ft.com/content/663ab29c-e9bd-11e9-85f4-d00e5018f061. 
  12. ↑ Sevastopulo, Demetri; Langley, William (December 15, 2021). "US to blacklist eight more Chinese companies including dronemaker DJI". Financial Times. https://www.ft.com/content/fbcf9467-5b7e-4a81-8b40-d829fefa09ae. 
  13. ↑ "Pentagon calls out Chinese companies it says are helping Beijing's military". Reuters. February 1, 2024. https://www.reuters.com/technology/pentagon-adds-companies-chinese-military-list-us-official-says-2024-01-31/. 

External links



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