An insider who asked for anonymity to discuss a private deal said the Chinese e-commerce giant wanted a larger stake but did not intend to exercise control over the AI firm, which claims to be worth more than $ 2 billion and owns Qualcomm Is considered one of the more leading companies in the field of computer vision technology.
If the final deal, then the billionaire Jack Ma will join the two major face recognition technology company.Macun's ant gold clothing has been invested face recognition technology company Beijing Kuangshi Technology Co., Ltd..
Shang Tang Technology was incorporated in Hong Kong and mainly operates in mainland China. Shang Tang Technology and Alibaba declined to comment in an email.
This article comes from Bloomberg, original title Alibaba Is Said to Seek Biggest Stake in AI Startup SenseTime