AI giant SenseTime gets go-ahead for US$2 billion Hong Kong IPO

SenseTime has got the green light from the Hong Kong stock exchange to proceed with its flotation, according to people familiar with the transaction, taking the largest artificial intelligence (AI) company in China a step closer to its US$2 billion initial public offering.A launch of the deal before the year-end would put SenseTime – backed by SoftBank Group, Temasek Holdings and Alibaba Group Holding, the owner of the Post – in potential competition with another mega-sized issuer, China…

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