Megvii is a world-leading artificial intelligence company specializing in AI for IoT applications. The company's mission is to power humanity with AI, and its vision is to build a comprehensive AI infrastructure that connects and powers billions of IoT devices worldwide. Megvii's core values are rooted in a belief in technology and pragmatism.
Megvii operates the world's largest computer vision research institute and has developed advanced algorithms that form the foundation for many of the world's cutting-edge AI applications. The company's research team has won a total of 49 world championships in various leading international AI competitions since 2017. Megvii is one of the few companies in the world with a proprietary deep learning framework, MegEngine, which was officially made open source in 2020.
The company has strategically expanded its business with a focus on Consumer IoT, City IoT, and Supply Chain IoT. In the Consumer IoT sector, Megvii provides real-time face recognition and unlocking, as well as sophisticated computational photography technology for leading smartphone brands. In the City IoT sector, Megvii is the first company to power urban management with AI vision capabilities and also the first to launch an intelligent camera. In the Supply Chain IoT sector, Megvii's smart robots operating system, MEGVII Hetu, has been used in nearly 100 projects across over 10 countries and regions.
Megvii is committed to the development of responsible AI and leading the industry toward greater reliability, dependability, and trustworthiness. Since 2019, the company has published its AI Ethics Code of Conduct and has established an AI Ethics Committee and an AI Ethics Research Institute. These bodies focus on addressing issues in AI governance and the regulation of Megvii's own conduct in AI development across six areas: integrity, human oversight, technical robustness and security, fairness and diversity, accountability, and data and privacy protection.
Megvii's mission is to ensure that its innovations have a positive impact on society, making communities safer, lives more convenient, and work more efficient. The company is headquartered in Beijing, China, and is committed to conducting extensive collaborations with peers worldwide in areas spanning governance to industry empowerment.