Chinese AI Startup Megvii goes full tilt with IPO despite US blacklisting

Chinese AI Startup Megvii goes full tilt with IPO despite US blacklisting

Photo: Megvii website

Chinese artificial intelligence startup Megvii Technology Ltd. is pressing ahead with plans for an initial public offering in Hong Kong and targeting a listing hearing in early November, despite getting blacklisted by the Trump administration, according to people familiar with the matter.