Tag: #*megvii

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Megvii Resumes Process for Shanghai STAR Market IPO

According to the Shanghai Stock Exchange (SSE) on Monday, the registration procedure for AI company Megvii's issuance of shares has been resumed, with a prospective financing amount of 6.018 billion yuan ($887.5 million).

5/17/20222 min read

#IPO #Artificial Intelligence

Startups

Megvii Driver Fails to Extort 3 Million Yuan from Firm's Chairman by Threatening to Sell Sensitive Recordings

Hu Zijian, a former driver for Megvii Technology, threatened to sell recordings with sensitive information about the company to competitors in February, demanding $465,224 from Yin Qi, chairman of the company's board of directors.

10/8/20212 min read

#Artificial Intelligence #lawsuit