Technology

SoftBank Backs Facial-Recognition Startup Despite Privacy Concerns

SoftBank Backs Facial-Recognition Startup Despite Privacy Concerns

SoftBank Group Corp. is leading an investment in AnyVision Interactive Technologies Ltd. that values the facial-recognition company at over $1 billion, according to a person familiar with the matter, underscoring its commitment to the technology despite pushback over privacy concerns. The Tel Aviv-based company, which uses artificial intelligence to recognize faces and objects.

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