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> Beijing has signaled to investors like Alibaba that it has chosen a winner, and that it will never let SenseTime fail. Chinese government invested in many st
by dis-sys 8y ago
> Beijing has signaled to investors like Alibaba that it has chosen a winner, and that it will never let SenseTime fail.
Chinese government invested in many startups, the best example is probably Deng Yaping's search engine company around 8 years ago. Such partnership/investment doesn't guarantee anything, Deng's search engine company died in a pretty normal way.