The big public debut of a Chinese artificial intelligence startup may be hitting a snag because of brewing tensions between the United States and China.
The Chinese artificial intelligence startup is supposed to price shares Friday as it readies an initial public offering in Hong Kong, where it plans to raise up to $767 million.But the news is being overshadowed by reports that Washington could spoil the party by adding SenseTime to another trading blacklist.
The company is no stranger to the international spotlight, at one point even becoming the world's most valuable AI startup in 2018. It is also a member of China's national AI team, which aids the country with its tech superpower ambitions.But the firm is best known for its facial recognition software, which has long been subject to controversy.
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