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World’s first ‘AI casino’ delayed by technical hitches

December 3, 2021 Emerging MarketsIndustry Updates

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.

Source: https://www.ft.com/content/8bc5fe03-03b0-4429-807f-60de1ac0293f
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