SenseTime prepares to list on the Hong Kong Stock Exchange

Chinese AI giant SenseTime has received regulatory approval to list on the Hong Kong Stock Exchange (HKSE).

SenseTime is the world’s most-funded AI firm and has attracted large investments in part due to providing technology for the Chinese government’s vast surveillance network.

The company’s Viper system aims to process and analyse over 100,000 simultaneous real-time streams from traffic cameras, ATMs, and more to automatically tag and keep track of...

MEPs back AI mass surveillance ban for the EU

MEPs from the European Parliament have adopted a resolution in favour of banning AI-powered mass surveillance and facial recognition in public spaces.

With a 71 vote majority, MEPs sided with Petar Vitanov’s report that argued AI must not be allowed to encroach on fundamental rights.

An S&D party member, Vitanov pointed out that AI has not yet proven to be a wholly reliable tool on its own.

He cited examples of individuals being denied social benefits...

Paravision boosts its computer vision and facial recognition capabilities

US-based Paravision has announced updates to boost its computer vision and facial recognition capabilities across mobile, on-premise, edge, and cloud deployments.

“From cloud to edge, Paravision’s goal is to help our partners develop and deploy transformative solutions around face recognition and computer vision,” said Joey Pritikin, Chief Product Officer at Paravision.

“With these sweeping updates to our product family, and with what has become possible in terms...

How AI video surveillance impacts the way businesses approach security

Security cameras are a great way to keep an eye on commercial spaces without being on-site, especially after-hours. While security is a 24/7 business, most organizations can’t afford to monitor their systems at all hours of the day and night. Hiring a third-party provider to monitor is expensive, and even with eyes on screens, human error still results in missed reports, slow response, and increased insurance and liability costs. 

24/7 video monitoring was previously...

NIST: VisionLabs, IDEMIA, and CloudWalk lead in facial recognition accuracy

A report from the US government’s National Institute of Standards and Technology (NIST) reveals the accuracy of various facial recognition algorithms.

The latest edition of the report currently has VisionLabs, IDEMIA, and CloudWalk in the lead:

Higher numbers are better as they indicate a lower prevalence of false positives.

The “N” values represent the number of individuals enrolled in each simulation of aircraft boarding. The N = 42,000 simulation,...

City of Melbourne trials Nokia’s AI tech to keep streets clean and safe

The City of Melbourne is trialing AI technology from Nokia to help increase the cleanliness and safety of the area’s streets.

The local government area is located in Victoria, Australia, and has an area of 37 square kilometers and a population of around 183,756. Illegal waste dumping in the city is a problem that causes both hygiene and safety problems.

Using Nokia’s Scene Analytics AI technology, the city hopes to gain a deeper understanding of waste disposal...

Reintroduction of facial recognition legislation receives mixed responses

The reintroduction of the Facial Recognition and Biometric Technology Moratorium Act in the 117th Congress has received mixed responses.

An initial version of the legislation was introduced in 2020 but was reintroduced June 15 2021 by Sen. Edward Markey (D-Mass.)

“We do not have to forgo privacy and justice for safety,” said Senator Markey. “This legislation is about rooting out systemic racism and stopping invasive technologies from becoming irreversibly embedded...

Amazon will continue to ban police from using its facial recognition AI

Amazon will extend a ban it enacted last year on the use of its facial recognition for law enforcement purposes.

The web giant’s Rekognition service is one of the most powerful facial recognition tools available. Last year, Amazon signed a one-year moratorium that banned its use by police departments following a string of cases where facial recognition services – from various providers – were found to be inaccurate and/or misused by law enforcement.

Amazon has now...

EU regulation sets fines of €20M or up to 4% of turnover for AI misuse

A leaked draft of EU regulation around the use of AI sets hefty fines of up to €20 million or four percent of global turnover (whichever is greater.)

The regulation (PDF) was first reported by Politico and is expected to be announced next week on April 21st.

In the draft, the legislation’s authors wrote:

“Some of the uses and applications of artificial intelligence may generate risks and cause harm to interests and rights that are protected by Union law....

Police use of Clearview AI’s facial recognition increased 26% after Capitol raid

Clearview AI reports that police use of the company’s highly-controversial facial recognition system jumped 26 percent following the raid on the Capitol.

The facial recognition system relies on scraping the data of people from across the web without their explicit consent, a practice which has naturally raised some eyebrows—including the ACLU’s which called it a “nightmare scenario” for privacy.

Around three billion images are said to have been scraped for...