Asian Tech Press -- Hong Kong-based AI firm SenseTime will launch a $2 billion Hong Kong IPO, Bloomberg reported, citing people familiar with the matter.

The report said SenseTime plans to file for a Hong Kong IPO in the next few weeks, and may hire HSBC to arrange the IPO of at least $2 billion.

In response, the company said, "SenseTime has no comment on market rumors."

Founded in 2014, SenseTime is China's largest up-and-coming artificial intelligence company and a "unicorn" with a market value of more than 10 billion yuan.