Chinese AI technology developer Intellifusion has secured nearly USD141m in a pre-IPO round led by Utrust VC, Forebright Capital, and existing investor Walden International. Other investors in the round include CCB International, BOCOM International, BOC & Trust Private Equity Fund, Topping Capital, Tsinghua Holdings Capital, HCSD Capital, Sino-US Venture Capital, and Sirius Capital. Intellifusion recently launched an AI epidemic prevention and control program, which mainly uses AI technology capabilities such as face recognition, AI temperature measurement, and relationship map analysis to limit the spread of COVID-19. Read more