By 2018 the company’s technology was being used in more than 20 provincial public security bureaus in over 300 cities. Today its AI technologies are utilized in industries such as public safety, health care, banking in addition to also also retail.
from the banking space, This specific can be enabling facial recognition in addition to also also can be expanding to help cities digitize data such as traffic patterns, energy supply information in addition to also also infrastructure development. right now the company plans to move even further afield. In January YITU launched its first international office in Singapore doing sure of which This specific could serve Southeast Asia, Hong Kong in addition to also also the Oceania regions.
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This specific can be also doing breakthroughs in health care. Last year This specific released what This specific claims can be the globe’s first AI-based cancer-screening solution for lung in addition to also also some other cancers
The company has raised more than $400 million by investors, such as China Industrial Asset Management, ICBC International Holdings in addition to also also Sequoia Capital. This specific’s valued at $2 billion.