BEIJING, July 03, 2018 (GLOBE NEWSWIRE) -- Megvii announced Yin Qi has been named to MIT Technology Review’s prestigious annual list of Innovators Under 35 as an entrepreneur last week. For over a decade, the global media company has recognized a list of exceptionally talented technologists whose work has great potential to transform the world.
Mr. Yin founded Megvii, short for megavision, with two college friends in 2011. Megvii owns the most advanced human face recognition technology, Face++. As an open platform for face recognition, Face++ has users from over 220 countries and regions. Face++ is the first Chinese company getting three championships in COCO and Places.
As the path to Megvii’s mission “Power Human with AI” gradually gets distinct, what it does now is empowering industries with AI such as security, retail, real estate, and other IoT industries. Megvii counts Uber, Alibaba, CITIC, OPPO and Xiaomi among its key clients.
Mr. Yin Qi said to MIT Technology Review that his AI journey should be divided into two steps—first, researching and developing the key technologies, and second, starting the business. “The most important driving force is the technology innovation for scientific entrepreneurs”, he said.
Earlier in his career, Yin Qi was a researcher and the director of a facial recognition project group at Microsoft Research Asia.
Mr. Yin graduated from Tsinghua University and earned a Master's degree in Computer Science from Columbia University.
Gideon Lichfield, editor-in-chief of MIT Technology Review, said: “MIT Technology Review inherently focuses on technology first - the breakthroughs and their potential to disrupt our lives. Our annual Innovators Under 35 list is a chance for us to honor the outstanding people behind those technologies. We hope these profiles offer a glimpse into what the face of technology looks like today as well as in the future.”
About Megvii
Established in 2011, Megvii is a world-leading pioneer of artificial intelligence commercialization and an industry leader in face recognition. It’s also one of the first AI companies that commercialize face recognition with deep learning technology. It owns Face++ and Face ID, which are the biggest face recognition open platform and the biggest third-party face authentication platform in the world, respectively. It has launched several ground-breaking AI products in various verticals, including face recognition payment, face recognition unlocking and full-frame smart snapshot cameras.
About MIT Technology Review
Founded at the Massachusetts Institute of Technology in 1899, MIT Technology Review is a world-renowned, independent media company whose insight, analysis, reviews, interviews and live events explain the commercial, social and political impact of new technologies. MIT Technology Review derives its authority from the world's foremost technology institution and from its editors' deep technical knowledge, capacity to see technologies in their broadest context, and unequaled access to leading innovators and researchers. MIT Technology Review’s mission is to bring about better-informed and more conscious decisions about technology through authoritative, influential and trustworthy journalism. Subscribe. Follow: Twitter, Facebook, LinkedIn, Google+, Instagram.
Learn more about this year’s honorees on the MIT Technology Review website here and in the July/August print magazine, which will hit newsstands worldwide on July 3. The honorees are also invited to appear in person at the upcoming EmTech MIT conference, MIT Technology Review’s flagship event exploring future trends and technologies that will impact the global economy, happening September 11-14, 2018 in Cambridge, Massachusetts.
Megvii’s media contact:
Olivia Geng
gengfuyao@megvii.com
(0086) 18701570563
Media Contact:
Meredith Chiricosta
BIGfish Communications for MIT Technology Review
press@technologyreview.com
617-713-3800
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/3059cf84-d3ff-47d0-b5ab-36eccf38081a