December 3, 2021
Creating the world’s first “AI casino”, with robot croupiers and cameras that can spot bad behaviour, was a flagship project for SenseTime, one of China’s leading artificial intelligence companies, as it tried to find a global market for its technology.
But its ambitious plan to transform Genting’s Resorts World Sentosa, Singapore’s first casino, has run into technical difficulties, according to several insiders, and a public announcement that was due last year has been delayed.
“SenseTime was very proud of the Genting project. They wanted to do a big announcement with the government and resort, but it keeps getting delayed. Now, it has just gone silent,” said one person involved with the project.
The start-up, founded in 2014, specialises in facial and image recognition and has become one of the world’s most valuable standalone AI companies, as China prioritises the sector. After raising nearly $5bn from investors, it is now preparing for an initial public offering in Hong Kong after getting regulatory approval last week.