China’s Megvii says U.S. move ‘groundless’, will not impact daily operations

Logos of Megvii are seen at its booth during the 2020 China International Fair for Trade in Services (CIFTIS) in Beijing
FILE PHOTO:Logos of Megvii are seen at its booth during the 2020 China International Fair for Trade in Services (CIFTIS) in Beijing, China September 4, 2020. REUTERS/Tingshu Wang

December 17, 2021

SHANGHAI (Reuters) – Chinese artificial intelligence firm Megvii said on Friday it opposed a decision by the U.S. Treasury to add it to a list of entities suspected of having Chinese military links, describing the decision and related allegations as “groundless”.

It said its inclusion in the list will not have an impact on the company’s daily operations.

(Reporting by Brenda Goh; Editing by Christopher Cushing)