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Rumor: AI Solutions Provider CloudWalk Wins RMB 1 Bln Funding

Securities Times, 6/07/18

Guangzhou-based facial recognition solutions provider CloudWalk Technology has reportedly completed new funding from several state-owned investment funds. A source close to the matter said that the company has raised over RMB 1 bln through the funding round and that it may now have the largest total financing of any Chinese artificial intelligence company. The funding round may be a prelude to a future IPO.

Keywords: VC hardware funding software facial recognition artificial intelligence CloudWalk

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